According to the official announcement, Binance said it had received recent user reports of false text messages fraud and found that users in Bahrain are particularly prone to targeting. Binance reminds that users will never be contacted by phone, nor will they operate any call centers. SMS is only used to send OTP codes and does not come with a call center number. The only trustworthy source is the official website and application. Previous news, there have been many fraud cases of fake Binance SMS in Hong Kong. The Hong Kong Securities and Exchange Commission responded that according to the Securities and Futures Ordinance and the Combat Money Laundering and Terrorist Fund Raising Ordinance, it is a crime to operate regulated business in Hong Kong without a license and provide virtual asset services and/or actively promote such services to Hong Kong investors in Hong Kong or from outside Hong Kong. As always, the Hong Kong Securities Regulatory Commission will take appropriate actions for any violation without hesitation, but will not comment on individual incidents, reminding investors to buy and sell virtual assets only on virtual asset trading platforms licensed by the Securities Regulatory Commission.