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Binance Risk Engine Prevents $2.4 Billion In Potential Losses From Scams In 2024 – Report

Binance Risk Engine Prevents $2.4 Billion In Potential Losses From Scams In 2024 – Report


Bitcoinist
2024-08-21 04:00:05

On Tuesday, the crypto exchange Binance announced that it had prevented over $2 billion in potential losses from fraud and scams since January 2024. The exchange highlighted its risk management measures and “proactive approach” as the key to seakeeping the funds of over 1 million users from fraudulent activity. Related Reading: ‘Public DeFi, Private Wallet’:


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