Binance has been actively collaborating with law enforcement agencies to combat online child exploitation. While there isn't specific information on a platform called "Kidflix," Binance's efforts in this area are notable. Here are some key points about Binance's involvement ¹ ² ³:
- Partnership with INHOPE: Binance has partnered with INHOPE, a global network of internet hotlines, to fight online child sexual abuse material (CSAM). This partnership aims to detect, report, and remove illegal content, ensuring a safer internet for all.
- Assistance in Investigations: Binance's Investigations team works closely with law enforcement agencies worldwide to respond to requests related to cybercrime investigations, prosecutions, and asset seizures. They've helped dismantle criminal networks responsible for orchestrating significant cryptocurrency scams.
- Collaboration with Law Enforcement: Binance has collaborated with agencies like the Royal Thai Police's Cyber Crime Investigation Bureau and the US Homeland Security Investigations to take down major "pig butchering" scam networks. This cooperation has resulted in the arrest of key individuals and the seizure of substantial assets.
- Training and Expertise: Binance provides training for law enforcement agencies to detect financial and cybercrimes and assist in prosecuting bad actors. Their team includes former law enforcement agents, analysts, and security experts with extensive experience in fighting crime.
- Recovering Stolen Assets: Binance's security and investigation experts have recovered funds lost in attacks, such as freezing $450,000 of stolen crypto assets from Curve Finance users in 2022.
Binance's efforts demonstrate the importance of cooperation between financial institutions and law enforcement agencies in combating online exploitation and protecting users.#articals #Binance
