Binance reveals New Program to combat Cyber Crimes 

Binance, one of the leading decentralized exchanges and ecosystems, recently introduced a Global Law Enforcement Training Program to help detect financial and cyber crimes.

According to the press release, Binance will help law enforcers to prosecute malicious actors who exploit digital assets.

The increasing crimes in crypto and the whole blockchain industry have caused much concern. It has prevented a lot of people from adopting this new technology due to fear.

The exchange worked hard on this project to bring it to the final shape. According to Binance, its investigation teams have grown exponentially by conducting and participating in more than 30 workshops.

“To meet that demand, we have bolstered our team to conduct more training and work hand-in-hand with regulators across the globe,” Tigran Gambaryan, Binance’s Global Head of Investigations.

The one-day training program includes well-known security experts and also agents who have experience in cracking down on criminal platforms like Silkroad. with in-person workshops.

Binance has also updated its anti-money laundering (AML) policies which received approvals and registrations in France, Italy, Spain, and many other countries.

“Protecting users is our number one priority at Binance. We work hand-in-hand with law enforcement to track…fraudulent activities, contributing to the fight against…financial crimes,” said Gambaryan.

Binance leads law enforcement with the fastest response system, it has actively updated and reacted to malicious or suspicious activities on its all platforms.

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