PANews August 31 news, Binance announced that in June 2024, Binance, along with Chainalysis, stablecoin issuance institutions, and law enforcement agencies in the Asia-Pacific region, froze 47 million USD of illegal funds related to the pig slaughter fraud case. These funds are associated with the "pig killing" eyewash, which is a form of investment and romance scam that has been increasingly globalized in recent years.
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Binance assists in freezing $47 million in funds in the investigation of a "pig-butchering" scam case in the Asia-Pacific region.
PANews August 31 news, Binance announced that in June 2024, Binance, along with Chainalysis, stablecoin issuance institutions, and law enforcement agencies in the Asia-Pacific region, froze 47 million USD of illegal funds related to the pig slaughter fraud case. These funds are associated with the "pig killing" eyewash, which is a form of investment and romance scam that has been increasingly globalized in recent years.