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Famagusta Gazette

News From Cyprus

Cyprus police warn of SMS cryptocurrency exchange scam

ByFamagusta Gazette

Feb 18, 2025

The Cybercrime Sub-Directorate in Cyprus is alerting the public over an increase in the phenomenon of fraud via SMS messages.

Specifically, scammers send mass SMS messages to random recipients, falsely impersonating the cryptocurrency exchange company – Binance, stating that unauthorized access to their account has been detected from another country, asking citizens to contact the phone number stated in the suspicious message immediately. 

The purpose of the scammers is to deceive the public and give them their account passwords.

The Police are advising the public that this is a scam and that the messages are fake.

‘The public is urged to be particularly cautious and not respond if they receive such a message,’ Police HQ says in a news release.  ‘Use two-factor security for all of your online accounts and NEVER give your passwords and access details to any third party.’

Below is a sample of a malicious SMS message.

Famagusta Gazette