Binance Freezes $3.5M in Crypto as Kidnap Ransom Trail Collapses on Blockchain – Exchanges Bitcoin News

Binance Freezes $3.5M in Crypto as Kidnap Ransom Trail Collapses on Blockchain

Binance froze assets, traced blockchain trails, and helped crack a cross-border ransom-for-crypto network as it dismantled a $3.75M laundering ring hiding in casinos. Binance Neutralizes Crypto Laundering Hub Hidden in Junket-Casino Labyrinth Crypto exchange Binance revealed on June 13 that its Fina...

CoinStats - Binance Freezes $3.5M in Crypto as Kidnap Ran...

Binance froze assets, traced blockchain trails, and helped crack a cross-border ransom-for-crypto network as it dismantled a $3.75M laundering ring hiding in casinos. Binance Neutralizes Crypto Laundering Hub Hidden in Junket-Casino Labyrinth Crypto exchange Binance revealed on June 13 that its Financial Intelligence Unit (FIU) supported Philippine law enforcement in dismantling a sophisticated kidnapping-for-ransom operation […]

Binance Freezes $3.5M in Crypto as Kidnap Ransom Trail Collapses on Blockchain – Exchanges Bitcoin News

Binance froze assets, traced blockchain trails, and helped crack a cross-border ransom-for-crypto network as it dismantled a $3.75M laundering ring hiding in casinos. Binance Neutralizes Crypto Laundering Hub Hidden in Junket-Casino Labyrinth Crypto exchange Binance revealed on June 13 that its Financial Intelligence Unit (FIU) supported Philippine law enforcement in dismantling a sophisticated kidnapping-for-ransom operation […]

Global Crypto Exchange Helps PH Authorities Trace $3.75M Crypto Ransom Tied to Junkets, Anson Que Case

Binance helped Philippine police trace a $3.75M crypto ransom through casino junkets and shady wallets tied to the Anson Que murder.

Binance Aids Philippines in Tracing $3.75M Crypto Ransom in Kidnapping Case

In a major development, Philippine law enforcement and Binance’s Financial Intelligence Unit (FIU) collaborated together to solve a challenging kidnapping-for-ransom case. Binance crypto investigation tools were ultimately used to track down the $3.75 million ransom, which was transmitted through gambling junket operators and multilayer laundering techniques. This case demonstrates the platform’s dedication to stopping illegal cryptocurrency act…