#BinanceSafetyInsights showcases Binance’s commitment to user protection through advanced security protocols and global cooperation. In 2024, Binance prevented over $4.2 billion in potential fraud losses using AI-based scam detection, blacklisted 47,000 malicious wallet addresses, and sent out 15,000 daily scam alerts. Its Anti-Scam Refund Initiative recovered $9.1 million for affected users. Binance also collaborated with law enforcement worldwide, responding to over 64,800 inquiries and conducting 100 training sessions to combat cybercrime. These efforts highlight Binance’s proactive approach to safety, reinforcing trust among its 250 million users and establishing a strong framework for a secure crypto trading environment.
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