Binance Claims to Have Prevented Users $2.4 Billion in Fraud Attempts
Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...
Binance, one of the world’s largest cryptocurrency exchanges, announced that it has successfully prevented potential losses of over $2.4 billion due to scams and fraudulent activities in the first seven months of 2024.
According to Binance, this achievement has protected more than 1.2 million users globally from falling victim to these schemes.
The exchange credits its sophisticated risk management and real-time monitoring systems for this accomplishment, emphasizing that user safety remains a top priority.
In the first 7 months of 2024, #Binance prevented $2.4B in potential user losses.
Read more on cryptonews.com
