#BinanceSafetyInsights

In 2024, the Binance platform significantly enhanced its security measures, successfully preventing potential losses exceeding $4.2 billion due to fraud and breaches. The platform also recovered $88 million of user funds that were lost or stolen. Binance collaborated with law enforcement agencies worldwide, responding to over 64,800 investigation requests and organizing 100 training sessions to bolster the fight against cybercrime. Additionally, the platform implemented an eight-level system to control fraud risks, contributing to the reduction of crimes associated with digital currencies. Thanks to these efforts, Binance experienced net inflows exceeding $3.97 billion in just one week, reflecting investor confidence in the platform's security.