Binance Aids in Major Crypto Scam Bust:

The Ahmedabad Cyber Crime Branch, with assistance from Binance’s Financial Intelligence Unit (FIU), uncovered a $200,000 cross-border crypto scam. The "digital arrest" fraud targeted vulnerable individuals in South and Southeast Asia, using fake legal threats and crypto laundering. Binance’s FIU tracked suspicious wallet activity, identified laundering routes, and provided actionable intelligence leading to arrests. This highlights Binance’s role in supporting law enforcement against sophisticated cyber scams.