Binance Collaborates with Taiwan to Resolve Multi-Million Crypto-Assisted Money Laundering Case

Binance has teamed up with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office to solve a significant case involving cryptocurrency-assisted money laundering.

The investigation centered around illicit funds amounting to nearly NT$200 million, equivalent to approximately $6 million, the exchange said in a press release shared with CryptoNews.

Per the announcement, Binance’s cooperation, leveraging its Financial Crimes Compliance (FCC) Department’s expertise and intelligence sharing, played a key role in bringing the perpetrators to justice

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Binance needs it at this present time

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Good job from Them.

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the scammers need to be tracked down and convicted to make crypto a little safer

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Thanks for the update

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YEAH, TRUE :v: :v:

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welcome :boom: :boom: :boom: :boom:

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Good job done

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thats right man …tnx

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Binance could do with a win tbh

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Collaboration is key. BINANCE better root out folks messing its image up

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Thanks for the update

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A step in the right direction

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Aptos the best

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Good news to taiwan

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Good job from Binance and Taiwan

This is great!

Great hearing