CoinVoice recently learned that on October 3, according to the official blog, Binance recently played a vital role in assisting Thai law enforcement in two operations, leading to the dismantling of criminal networks involved in major cryptocurrency scams. These law enforcement actions resulted in the arrest of major criminal members and large-scale asset seizures.

The Cyber ​​Crime Investigation Bureau of Thailand (CCIB) worked with Binance and the U.S. Department of Homeland Security (HSI) to dismantle a criminal gang involved in a major "pig killing" scam that affected thousands of people in Thailand. With the intelligence support of Binance and HSI, CCIB arrested five key members of the gang and confiscated assets worth about 10 billion baht (about 277 million U.S. dollars), including luxury cars, homes, land and other high-end items. More than 3,200 victims have since sought compensation.

In the past three years, Binance has completed and assisted in processing more than 103,000 law enforcement requests, with an average response time of three days, which is faster than most traditional financial institutions. [Original link]