Fake Binance Global Account and Insurance Fee Scam

A high "Binance Global" balance on the screen, but a new fee appearing with every withdrawal request: this scheme works as the last link of the complete-tasks-and-earn chain. The account shown to the user is not a real Binance account; it is a panel designed to keep the money inside.

🚩 Why Does the Withdrawal Never Go Through?

In these schemes a person is first brought in through small tasks or an invitation to "crypto investment", and the deposited money is then shown on the panel as if it had multiplied. When the withdrawal button is pressed, payment is requested in turn under names such as "insurance money", transaction fee and the like; after every payment a new obstacle appears.

🔍 Details That Stand Out in This Case

The reported flow began at the end of December 2025 and continued until October 2026; a very high balance was shown on the panel, and payments under the name of insurance were taken repeatedly for the withdrawal. Beneath the same report there are accounts leaving contact details with comments such as "this number saved my money"; messages of this kind are the doorway to a fund recovery trap that targets the victim a second time.

⚖️ Relationship With the Real Binance and the Legal Position

The real Binance exchange does not ask users for separate money under the name of "insurance money" for a withdrawal; the panel used here is a fake account carrying the brand's name. The scheme is not authorised by SPK (SPK list of authorised institutions). The provisions added to Capital Markets Law No. 6362 by Law No. 7518 make providing crypto asset services in Türkiye subject to SPK authorisation.

🔗 Other Platforms Using the Same Method

A scheme that starts with a task and leads to a fake crypto panel and a withdrawal fee is not a single example. We have previously examined cases showing a similar flow:

🧭 The Legal Process for Victims

1. How task-and-earn cases are handled is explained in the article on the legal process in task scams.
2. The accounts and wallets to which the insurance fees were sent are identified and the laundering chainTR is mapped out.
3. For amounts taken without right, the route of restitution and unjust enrichmentTR is assessed.

For detailed information and legal support, you can contact Savun Law & Consultancy.

❓ Frequently Asked Questions