The report states that as of November 2024, not only did Binance prevent scams totaling $129 million, but it also recovered $9.1 million in scammed funds back to victims.
Frederick Munawa is a Technology Reporter at Blockchain Protocols. He focuses on cryptocurrency and blockchain, covering topics such as Bitcoin, Ethereum, and altcoins, while also delving into finance and trading. Frederick's work has been featured in CoinDesk, Yahoo Finance, Yahoo Sports UK, Yahoo News, Unchained, and Bitcoin.com.