Binance Recovers $73 Million In Stolen Crypto Funds, Surpasses $55M Recovered In 2023

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BitcoinWorld 15h ago

Binance Recovers $73 Million In Stolen Crypto Funds, Surpasses $55M Recovered In 2023 - BitcoinWorld

Quick Summary:

Binance’s security team has recovered or frozen over $73 million in stolen user crypto funds so far this year, surpassing the $55 million recovered in 2023.

Binance’s Chief Security Officer highlighted the company’s commitment to user protection and improving the security of the crypto ecosystem, leveraging blockchain technology to track and recover stolen funds.

The remaining 20% are associated with scams taking place outside the Binance platform.