• Home
  • News
  • AMA’s
  • Calendar
  • Tutorials
  • Videos
  • Advertising
  • Contact Us
  • Disclaimers
    • Careers
    • About BSCTimes
    • Privacy Policy
    • CCPA
    • DMCA
    • Terms of Use

Featured Articles

News

Robinhood Promotes Scam Token on BNB Chain

January 27, 2023By BSCTimes2 Mins Read
News

BUSD Sees Large Market Cap Decrease

January 26, 2023By BSCTimes2 Mins Read
News

Binance Holds User Funds and Reserve Tokens in Exchange Wallet

January 24, 2023By BSCTimes1 Min Read
News

Uniswap Poll Shows Overwhelming Support to Move to BNB Chain

January 23, 2023By BSCTimes2 Mins Read

Subscribe for Updates

Get the latest cryptocurrency news, information and updates.

Sunday, January 29
Latest
  • Robinhood Promotes Scam Token on BNB Chain
  • BUSD Sees Large Market Cap Decrease
  • Binance Holds User Funds and Reserve Tokens in Exchange Wallet
  • Uniswap Poll Shows Overwhelming Support to Move to BNB Chain
  • Binance Makes Strict Rules for NFT Listings
  • Uniswap Voting to Deploy on BNB Chain
  • Anonymous Crypto Wallet Moves $50M of Ethereum to Binance
  • Universities in the Philippines to Offer Bitcoin and Crypto Services with Binance
  • Voyager Hoping to Expedite Binance Takeover
  • Binance Partners with Mastercard to Launch a Crypto Prepaid Card in Argentina
Twitter YouTube Reddit RSS
BSC🔶Times BSC🔶Times
Switch to PolygonTimes
  • Home
  • News
  • AMA’s
  • Tutorials
  • Token Prices
  • Get In Touch
    • About BSCTimes
      • Contact Us
      • Careers
    • Advertising
      • Press Kit
    • Publisher Center
      • Cart
      • Checkout
    • Disclaimers
      • Cookie Policy
      • Privacy Policy
      • CCPA
      • DMCA
      • Terms of Use
BSC🔶Times BSC🔶Times
Home»News»Binance Contributes to Crime Prevention in Pakistan
News

Binance Contributes to Crime Prevention in Pakistan

BSCTimesBy BSCTimesJanuary 21, 20222 Mins Read
Binance Contributes to Crime Prevention in Pakistan
Share
Reddit Twitter Email Facebook

Binanace has assured the Federal Investigation Agency (FIA) of Pakistan that they will participate in investigating a million dollar scam. FIA’s head of cyber crime, Imram-Riaz, stated that confirmation was received on January 7th that Binance is issuing its full support to the agency.

A telephonic contact was made on Friday night,followed by e-mail contact on Saturday.Binance has nominated a two member team to coordinate with FIA Cyber Crime.They are former investigators with the U.S. Department of Treasury and specialize in cryptocurrency investigations.

— Imran Riaz (@ImmiRizz) January 11, 2022

On December 20th, Pakistani citizens were bombarding the FIA with news of mobile applications ceasing to work and resulting in vast fraudulent activity. It was reported by the FIA that the range of fraudulent investment per person ranged from $100 USD to $80,000 USD, resulting in an estimated $2,000 USD per individual. That puts the amount of scammed money at nearly $100 million U.S. dollars.

As a leading crypto exchange platform, Binance has a powerful role to play in crypto security. Binance is the leading platform in terms of user base and transaction volume. This affords Binance the opportunity to set the pace for industry best practices.

In a tweet, Binance stated, “We do not comment on specific matters with regulatory and law enforcement authorities. However, as a matter of policy, our general approach is to cooperate with investigations wherever possible. Specifically, Binance tries to work closely with the law enforcement and regulatory community in an effort to develop best practices, mitigate and thwart new methods of criminality and prevent illicit proceeds from entering our exchange. We are working with the Federal Investigation Agency to resolve these issues.”

Powerful platforms like Binance are seizing the opportunity to incorporate crime prevention global standards as a core part of their role. In an effort to combat crime, Binance integrated CipherTrace Traveler in early July.

Join @BSCTimes on Telegram
Binance Binance Smart Chain Cryptocurrency Featured Articles scam scamming

Related Posts

News

Robinhood Promotes Scam Token on BNB Chain

January 27, 2023By BSCTimes
Read More
News

BUSD Sees Large Market Cap Decrease

January 26, 2023By BSCTimes
Read More
News

Binance Holds User Funds and Reserve Tokens in Exchange Wallet

January 24, 2023By BSCTimes
Read More

Comments are closed.

en English
af Afrikaanssq Shqipam አማርኛar العربيةhy Հայերենaz Azərbaycan dilibe Беларуская моваbn বাংলাbg Българскиca Catalàzh-CN 简体中文zh-TW 繁體中文hr Hrvatskics Čeština‎da Dansknl Nederlandsen Englisheo Esperantotl Filipinofi Suomifr Françaiska ქართულიde Deutschel Ελληνικάgu ગુજરાતીht Kreyol ayisyeniw עִבְרִיתhi हिन्दीhu Magyaris Íslenskaig Igboid Bahasa Indonesiaga Gaeligeit Italianoja 日本語kn ಕನ್ನಡko 한국어ku كوردی‎lo ພາສາລາວla Latinlv Latviešu valodalt Lietuvių kalbalb Lëtzebuergeschmk Македонски јазикms Bahasa Melayuml മലയാളംmr मराठीmn Монголmy ဗမာစာne नेपालीno Norsk bokmålps پښتوfa فارسیpl Polskipt Portuguêspa ਪੰਜਾਬੀro Românăru Русскийsm Samoansr Српски језикsd سنڌيsk Slovenčinasl Slovenščinaso Afsoomaalies Españolsu Basa Sundasw Kiswahilisv Svenskata தமிழ்te తెలుగుth ไทยtr Türkçeuk Українськаur اردوuz O‘zbekchavi Tiếng Việtcy Cymraegyi יידישyo Yorùbázu Zulu

Featured Articles

News

Robinhood Promotes Scam Token on BNB Chain

January 27, 2023By BSCTimes
News

BUSD Sees Large Market Cap Decrease

January 26, 2023By BSCTimes
News

Binance Holds User Funds and Reserve Tokens in Exchange Wallet

January 24, 2023By BSCTimes
News

Uniswap Poll Shows Overwhelming Support to Move to BNB Chain

January 23, 2023By BSCTimes
BSC🔶Times
  • Homepage
    • News
      • AMA’s
        • Tutorials
  • BSCT Twitter
    • BSCT YouTube
      • BSCT Telegram
        • BSCT Reddit
          • BSCT Google News
  • Advertising
    • Publisher Center
      • Checkout
        • Cart
  • Disclaimers
    • Privacy Policy
      • Cookie Policy
        • Terms of Use
  • About BSCTimes
    • Contact Us
      • Press Kit
Copyright © Crypto Times Network 2023. All Rights Reserved.
BSCTimes.com | PolygonTimes.com

Type above and press Enter to search. Press Esc to cancel.