Binance TR is the Turkish arm for crypto exchange Binance. It has warned crypto investors about an ongoing fraud that targets them via hoardings and billboards bearing the Binance brand.

Turkey is home to a large number of crypto investors that account for over 7% of the total traffic to Binance’s primary platform through a desktop browser, as You can see the evidenceSource: Similarweb (NYSE). Trying to cash in on Binance’s popularity in the country, scammers in Turkey have been found to rent numerous billboards to advertise fake Binance-themed opportunities.