According to ChainCatcher, Binance cited a report from the Department of Justice showing that the U.S. Department of Justice has confiscated approximately $112 million worth of virtual currencies related to cryptocurrency investment fraud. Among them are six virtual currency accounts authorized for seizure by judges in the Arizona, Central District of California, and Idaho districts. Binance officials stated: We are proud to have provided support to the U.S. Department of Justice in confiscating virtual currencies related to crypto investment fraud.

In addition, Binance will continue to work closely with regulators and law enforcement to raise awareness of related scams to protect global users and help prevent more crimes. (Source link)