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Binance Collaborates With Ukraine Cyber Police to Take Down Money Laundering
Summary: Binance collaborated with Ukraine cyber police to successfully take down criminals who were involved in ransomware and money laundering worth of $42 million, as reported by Cointelegraph. The group of criminals, primarily based in Ukraine but sometimes attack globally, have been operating money laundering in cryptocurrencies since 2018 and were arrested in June 2020. Starting ...
Binance collaborated with Ukraine cyber police to successfully take down criminals who were involved in ransomware and money laundering worth of $42 million, as reported by Cointelegraph.
The group of criminals, primarily based in Ukraine but sometimes attack globally, have been operating money laundering in cryptocurrencies since 2018 and were arrested in June 2020.
Starting from early 2020, the collaboration is a part of Binance’s “Bulletproof Exchangers” project that aims to track high-risk entities’ transactions.
By Lily Yang
Tags: Binance,Money Laundering,Regulation
Link: Binance Collaborates With Ukraine Cyber Police to Take Down Money Laundering [Copy]
