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Binance Recovers $9.1 Million in Fraud-Related Funds This Year

Source
JH Kim
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  • Binance reported recovering fraud-related funds worth $9.1 million this year.
  • Binance announced that it has blacklisted 47,000 malicious addresses.
  • It reported sending over 15,000 scam warnings to users daily.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

The global cryptocurrency exchange Binance announced on its official blog on the 23rd (local time) that it has recovered a total of $9.1 million in fraud-related funds through this year's Anti-Scam Refund Initiative and has blacklisted 47,000 malicious addresses. Additionally, it reported sending over 15,000 scam warnings to users daily.

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