Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Binance => Topic started by: mlawson71 on August 23, 2020, 05:21:35 PM
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Binance greatly aided Ukrainian police in apprehending three individuals tied to a criminal group that was accused of laundering 42 million USD in crypto coins.
That became clear from a report by the cyber unit of the Ukrainian police – authorities were closely working with the cryptocurrency exchange in a combined effort to bring the alleged criminals to justice.
Binance also released a statement:
“Suspicious activity detected and analysed by the Binance Sentry team, in collaboration with the Cyber Police of Ukraine, led to the identification and arrest of a cyber criminal organisation responsible for a ransomware campaign and the laundering of more than $42 million in cryptocurrencies over the last two years,”
Source (https://theforexreview.com/2020/08/19/ukrain-detains-crypto-money-laundering-operation-with-the-help-of-binance/)
I am always glad to see news about things of that nature, it’s good when crypto exchanges have a reputation for upholding the law, rather than help break it.