#BinanceSafetyInsights

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