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Binance Recovers $9.1 Million Through Anti-Scam Initiative in 2024
The post Binance Recovers $9.1 Million Through Anti-Scam Initiative in 2024 appeared on BitcoinEthereumNews.com. Binance has successfully recovered $9.1 million in 2024 through its Anti-Scam Refund Initiative. The company is showing a strong commitment to user security with this milestone. Binance’s larger initiative to protect users includes this initiative. The crypto market simply grows and the scams increase too. In other words, Binance will had to take measures to secure its users. These are key measures to protecting assets in the growing crypto space. $9.1 million recovered. An incredible milestone achieved by Binance’s Anti-Scam Refund Initiative this year! ???? Our commitment to protect our users and their assets, leading the charge against scams. Read our full End-of-Year report ???? https://t.co/0DV0YHF0tC pic.twitter.com/uMZj0YFtPt — Binance (@binance) December 26, 2024 Over 15,000 Daily Alerts Issued by Binance to Combat Rising Scams According the Binance blog post, scammers are becoming smart and will target both the traditional finance and DeFi. Individuals are deceived via using methods such as fake investment platforms, phishing attacks, and social engineering. The issue is widespread, and its victims range from professionals to retired person. It also shows how important it is for crypto platforms to respond accordingly, and take the lead in fighting financial fraud. Binance Anti-Scam Refund Initiative is working day and night to recover funds for scam victims. In this regard, Binance has restored significant amounts of stolen funds by leveraging cutting edge risk management technology together with customer service. Binance also focuses on proactive protection. Consequently, it keeps users away from scams. Binance issued over 15,000 targeted alerts daily to users in 2024, warning of threats from scammers. In addition to above, the company worked with global authorities and gathered information to remain one step ahead of emerging scamming activities of scammers. Binance Blacklists 47,000 Malicious Addresses to Combat Scams Apart from prevention, Binance has placed 24 hours safety net…
The post Binance Recovers $9.1 Million Through Anti-Scam Initiative in 2024 appeared on BitcoinEthereumNews.com.
Binance has successfully recovered $9.1 million in 2024 through its Anti-Scam Refund Initiative. The company is showing a strong commitment to user security with this milestone. Binance’s larger initiative to protect users includes this initiative. The crypto market simply grows and the scams increase too. In other words, Binance will had to take measures to secure its users. These are key measures to protecting assets in the growing crypto space. $9.1 million recovered. An incredible milestone achieved by Binance’s Anti-Scam Refund Initiative this year! ???? Our commitment to protect our users and their assets, leading the charge against scams. Read our full End-of-Year report ???? https://t.co/0DV0YHF0tC pic.twitter.com/uMZj0YFtPt — Binance (@binance) December 26, 2024 Over 15,000 Daily Alerts Issued by Binance to Combat Rising Scams According the Binance blog post, scammers are becoming smart and will target both the traditional finance and DeFi. Individuals are deceived via using methods such as fake investment platforms, phishing attacks, and social engineering. The issue is widespread, and its victims range from professionals to retired person. It also shows how important it is for crypto platforms to respond accordingly, and take the lead in fighting financial fraud. Binance Anti-Scam Refund Initiative is working day and night to recover funds for scam victims. In this regard, Binance has restored significant amounts of stolen funds by leveraging cutting edge risk management technology together with customer service. Binance also focuses on proactive protection. Consequently, it keeps users away from scams. Binance issued over 15,000 targeted alerts daily to users in 2024, warning of threats from scammers. In addition to above, the company worked with global authorities and gathered information to remain one step ahead of emerging scamming activities of scammers. Binance Blacklists 47,000 Malicious Addresses to Combat Scams Apart from prevention, Binance has placed 24 hours safety net…
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