Reddit’s WallStreetBets members were targeted in a scam that reaped Binance coins worth $2 million through Telegram, report says | Currency News | Financial and Business News

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  • Crypto traders were scammed out of Binance coins worth around $2 million through Telegram, Bloomberg reported.
  • A Telegram account that seemed to be linked to Reddit’s WallStreetBets offered a new WSB token to users.
  • This is the latest in a series of crypto scams that have cost investors millions.
  • Sign up here for our daily newsletter, 10 Things Before the Opening Bell.

A Telegram account that seemed to be linked to Reddit’s WallStreetBets forum, but is not actually affiliated with the group, has scammed crypto investors out of an estimated $2 million worth of binance coins, Bloomberg reported on Tuesday.

Investors were encouraged to wire binance or ether tokens to a digital wallet in exchange for “WSB Finance” tokens as part of a pre-mine sale. These sales offer coins for purchase before they are listed on crypto exchanges.

The owner of the digital wallet linked to the scam has since removed over 3,451…

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