Binance, the largest cryptocurrency exchange in the world, supports investigations concerning the safety of the global cryptocurrency ecosystem.
How Binance assisted to take down launderers:
Binance helped in tracking and identification of cybercriminals by continued collaboration with the Cyber Police of a country.
Recently, it was disclosed that:
"Binance allocated additional resources to dive deeper into the potential methods in which these “Bulletproof Exchangers” were laundering money through the cryptocurrency market. Suspicious activity detected and analyzed by the Binance Sentry team, in collaboration with the Cyber Police of Ukraine, led to the identification and arrest of a cybercriminal organization responsible for a ransomware campaign and the laundering of more than $42 million in cryptocurrencies over the last two years"
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