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India has dismantled the largest network on the dark net in a pioneering security operation that demonstrated the effectiveness of cooperation between security agencies and cryptocurrency platforms. Binance played a pivotal role in this operation.
Binance's Role in the Operation
According to the statement issued by Binance on August 19, 2025, the platform closely collaborated with the Indian Narcotics Control Bureau (NCB) and the Data Security Council of India (DSCI) to dismantle the criminal network known as "Ketamelon".
Technical Assistance: Binance provided detailed analyses of digital transactions, assisting Indian authorities in tracking illicit funds and identifying suspects.
Asset Freezing: The platform helped freeze assets linked to the criminal network, preventing the criminals from withdrawing their money.
Digital Wallet Tracking: Binance investigated the digital wallets associated with the operation, revealing further evidence that led to the arrest of the mastermind behind the network, Edison Babu.
This operation demonstrates that cryptocurrency platforms can be an essential part of efforts to combat cybercrime, and that cryptocurrencies, despite their anonymity, leave digital traces that can be tracked through public-private collaboration.
Stay tuned for more cryptocurrency news.
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