Fake Binance "$150 compensation" reward after the hack

The Scam

After a security incident in which hackers tried to steal more than $6 billion from Binance, scam accounts began circulating fake promotions and screenshots claiming users can claim a free $150 compensation reward, often with links telling them to check a "Reward Hub" or claim compensation, according to U.Today and DigitalToday. Binance co-founder Yi He said on X on Nov. 1, 2026 that there is currently no cash voucher campaign, that the community rewards campaign needs regulatory approval before it goes live, and that users should be vigilant against all phishing and scam links. Interim CMO Eowyn Chen said there is no separate compensation for the withdrawal suspension.

The Targets

Binance users and crypto holders following news of the hack and the withdrawal pause.

Red flags

• A post, message or screenshot offering a free $150 compensation for the withdrawal pause: Binance says there is no such compensation
• A link telling you to check a "Reward Hub" or claim a reward or cash voucher
• An offer that doesn't come from Binance's official accounts or app

Your Move

• Don't click reward or compensation links from posts, DMs or messages
• Follow updates only from Binance's official accounts and app, as Binance's interim CMO advised
• Never enter your login, 2FA codes or wallet recovery phrase on a page reached from a link
• If you entered your login on a fake page, change your password and 2FA from the official app right away

More steps for any scam link: I clicked a scam link. What now?

Still circulating?

Binance leaders warned about these fake reward campaigns on Nov. 1, 2026, as withdrawals resumed after the hack.

Related sources

• U.Today: Binance Alerts Users to Fake Reward Campaigns Without Approval (Nov. 1, 2026)
• DigitalToday: Binance warns of fake compensation campaigns as withdrawals resume (Nov. 2, 2026)