PANews reported on August 31st that Binance announced that in June 2024, Binance worked with Chainalysis, stablecoin issuers, and law enforcement agencies in the Asia-Pacific region to freeze $47 million in illicit funds related to a pig slaughtering scam. These funds were linked to the "pig slaughter" scam, a form of investment and romance scam that has become increasingly global in recent years.
Binance Assists in Freezing $47 Million in Asia-Pacific "Pig Killing" Scam Investigation
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Author: PA一线
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