Binance campaign from AI-A-One on encryption fraud: 9.1 million dollars and $ 129 million have been recovered
With the high dependence of the cryptocurrency, as well, the financial tricks scale and their development. In 2024, an amazing number of users found themselves targeted with clinical plans, social engineering attacks and fake investment platforms. However, amid this height in fraud, one exchange declines with unprecedented intensity.
Binance, the world’s biggest trading exchange, has launched a widely full initiative to combat digital fraud. The SCAM control initiative, which has been operated throughout 2024, is more than just a recovery program-a comprehensive manner that works with a male energy-powered defense designed to prevent, discover and recover fraud around the world.
The fraudsters are an increasing threat to encryption
according to
The Binance Cmo Rachel Conlan commented on the state of electronic threats to encryption, “The advanced nature of cyber threats in the encryption industry enhances the need for stock exchanges and losers to constantly enhance their security frameworks. With continued threats to growth in development, as well as our factors.”
Konlan continued, by discussing the commitment of the security company, “In Binance, responsible growth always meant the safety of users first. In 2024, this commitment is translated into hundreds of millions of dollars invested in compliance programs, and outperformed significant spending in 2025. The value that illegal cryptocurrencies received decreased to $ 40.9 billion – a noticeable decrease from 2023. More reassuring, the percentage of encryption transactions associated with illegal activity decreased to 0.14 %, a decrease from 0.61 % in 2023. In these situations, we support the industry by tracking and commenting on the void, if possible. “
The analysis series estimates that encrypted fraud
The fraud of swine slaughtering and high -yielding investment plans are the largest guilty. The fraud fraudulents alone witnessed that revenues jump by almost 40 % on an annual basis, with the number of deposits in such fraud increased by more than 200 %. The ecosystem of fraud has expanded not only in size but in arrival and tactics, as it targeted victims across continents with specially designed messages and emotional manipulation.
Technical innovations also made it easier for fraudsters to expand the scope of operations. Huione guarantee provides services ranging from the creation of fake personalities using artificial intelligence of money laundering, providing the global fraud economy. These developments make it increasingly difficult for individuals to protect themselves – and emphasize the need for platforms to take the initiative to prevent fraud.
Binance also notes, “Everyone can be deceived; it’s just a matter of finding the right way.” From retirees to professionals, there is no demographic in safe from the advanced tactics of online scammers. For this reason, Excination has risen digital assets to always with a multi -layer approach to protecting its users.
Recover 9.1 million dollars and prevent 129 million dollars from losses
The Binance Anti-Scam Renward is a coordinated effort through multiple sections to protect users from fraud. The initiative is based on four basic columns: proactive protection, 24 -hour safety network, restoring the quick response, and supporting the silent injured.
Under the pre -emptive protection strategy, Binance included the list of more than 47,000 harmful titles in 2024 and issued more than 15,000 targeted alerts for users daily. Individuals at risk-including victims of elderly and prior fraud-seized personal warnings and interventions. More than 2000 risk evaluation model has been treated every day to assess possible weaknesses.
The 24 -hour safety network allows users a decisive insulation during suspicious activity. The money transferred to the Binance accounts that are automatically marked for 24 hours is frozen, giving users time to report potential fraud. During this period, the Stock Exchange team is investigating the recipient’s activity, evaluating the risk of treatment, and calls both parties if necessary. In 2024, Binance was treated more than 20,000 chats with users at risk through this system, and millions of losses may stop.
When preventing prevention, the rapid response recovery mechanism begins. This system uses AI’s analysis to assess the fraud reports immediately. The suspected deceptive accounts are frozen within seconds, followed by in -depth handicrafts. Binance systems also monitor the box flows in the direction of the source and the estuary to determine the associated portfolios and prevent additional losses.
In addition to these columns, the silent person’s support system is designed to help users who are shocking or shocked to report tricks. Binance communicates proactively with these individuals – who have been identified through transactions behavior – and helps in their guidance through the reports and recovery process.
In all, these efforts achieved great results in 2024. Binance recovered $ 9.1 million of stolen assets during 800 successful recovery each month. More than $ 129 million was prevented from losses before fully carried out fraud. More than 30,000 phone calls were made to potential victims, and to provide guidance and warnings in actual time.
Binance also played an important role in helping global law enforcement. From the help of the Royal Malaysia Police in
Building confidence through work
The results of the Binance Anti-Funds Initiative appear that the protection of the user in Crypto should not be interactive-and it can be proactive and deeply equipped with medicines and humans. From actual freezing, the fund freezes to customer support around the clock, the stock exchange sets a new standard for what should seem safety in the world of digital assets.
As fraud in the rise in complexity continues, such initiatives are necessary not only for individual recovery but for the credibility and sustainability of the ecosystem for the entire encryption. With 47,000 harmful titles, tens of millions of reserves have been marked, and thousands of lives that have changed, Binance’s work is more than security – it’s a service.
In a year where records were broken, Binance responded with standard guarantees. Although every situation does not end in recovery, the company’s message to users is clear: you are not alone, and assistance is always available. Crypting security is not only related to technology – it is related to confidence. Binance is determined to earn and preserve it.
