How to fight the exchange of encryption

White Cryptocurrency Exchang announced today that it has succeeded in obtaining more than $ 150 million in risk cryptocurrencies in 2024, which increased the strengthening of WhiteBit as a major partner in digital crime control. The guaranteed funds include assets that are recovered from third -party breakthroughs and those reserves from account violations and fraud.

According to the Crypto Crime Crypto Crainalysis 2024 report, the stolen encryption boxes receipt 2.2 billion dollars worldwide, an increase of 21.07 % over the previous year. The number of piracy accidents increased from 282 in 2023 to 303 during the same period, which reflects a continuous challenge to the industry in preventing and treating security violations.

High -level recovery

Whitebit’s efforts were essential to solving many important cases that involve stolen encryption assets. As a result of these efforts, the company has protected $ 4.8 million from stolen money.

The Stock Exchange secured the XRP funds in the investigation Involve Ribel co -founder Chris Larsen. In response to metal support BreakWhitebit froze large amounts of cryptocurrency, helping to reduce losses to affected users. In addition, the exchange acted quickly during the case of the Tao holder, It was identified By Blockchain, Zachxbt, a large amount of USDC and support for law enforcement in the recovery process.

In April, Cryptocurrency Exchang Hain.com fell as a victim of $ 16 million penetration by the North Korean Piracy Group Lazaros. The investigators collaborating with the FBI followed $ 760,000 in the stolen Soul to Whitebit. In September, WhiteBit succeeded in returning the funds to the FBI according to the court order, and an assistant in the recovery process.

Money laundering practices

WhiteBit is devoted to cooperation with law enforcement agencies worldwide to enhance security and protect users from fraudulent activities. The team focuses strongly on transparency and simplified communications, ensuring that the law can be implemented can easily contact when needed.

“Our approach goes beyond the AML standards,” a representative from the WHITEBIT section. “We benefit from OSINT (open source intelligence) to accurately detect suspicious activities, and we use custom -based monitoring systems to discover and stop fraudulent transactions, and to conduct hand investigations to ensure detailed and accurate assessments of the marked cases.”

Insights on electronic crimes in 2024

According to experts from the Whitebit Compliance Department, the most common types of accidents on the stock exchange are as follows:

1. The portfolio penetration through technical meansLike hunting, viruses, main lines, and direct piracy –It represents 40 % Of accidents on the stock exchange;
2. Frauds in social engineering: 40 % of others It is attributed to the fraud that involves promises of easy investment returns, and it often denies legitimate opportunities. It usually includes advanced tactics, including fake websites and multiple individuals who interact with victims to build confidence;
3. Examination operations: 10 % The victims are lured through the telegram channels associated with the encryption. Initially, they make small profits, which leads to frequent investments, but in the end, the fraudsters disappear with money;
4. The remaining 10 % From accidents involves Fake versions from WhiteBit and Danger accounts.

“The weak passwords and the lack of dual -factors authentication (2FA) increases significantly from the risk of compromising the accounts. In WhiteBit, we reduce these risks by storing 96 % of the money in a cold portfolio, imposing 2FA, and securing keys Especially with advanced encryption protocols.

Security standards

White It is classified among the 5 best safer codes in the world by CER.Live, which is the first encryption exchange of CCSS level 3 – the highest security level in the encryption industry at the present time. This discrimination emphasizes the proactive efforts of the Stock Exchange to protect users and assets against advanced electronic threats.

Whitebit remains at the forefront of encryption security, as it combines innovation, compliance and rapid work to address emerging threats. Within a year, it was characterized by the standard encryption crime, not only the women’s efforts, but also set a standard for the entire industry.

About the White House

White It is the second stock exchange in the world through traffic, with more than 700 trading pairs, 300 origins, and support for 9 Fiat currencies. The platform was established in 2018, which is part of the Whitebit Group collection that serves more than 35 million customers worldwide. Whitebit cooperates with Visa, Faceit, FC Barcelona and the Ukrainian national football team. WhiteBit is among the safest psalm exchanges according to Cer.Live, which is the first and only coding exchange to achieve CCSS level – the highest level of safety for the coded currency in the industry so far. The company is devoted to the extensive adoption of Blockchain technology all over the world.

This article is not only related to the European transactions of the company, but it applies to the activities of all Whitebit Group companies in the world.