Cyber police of Ukraine noted the role of the Binance exchange in the capture of the criminal group that laundered $ 42 million
Cyber police of Ukraine have found three people involved in laundering of money. IN this helped her stock exchange cryptocurrencies Binance, according to the website of the Ministry of Internal Affairs of Ukraine.
According to the press release, the Cyber Police Department entered into a partnership with Binance earlier this year, having become interested in it. opportunities for analysis and identification transactions, potentially related to financial crime and fraud.
“Since on market digital currency, a large number of financial transactions with monetary means, obtained from hacker attacks on international companies, distribution of malicious software, theft of funds from bank accounts of foreign companies and citizens, cooperation of the Cyber Police Department with Binance promotes prompt exposure involved to such offenses persons“, – stated head of department Alexander Grinchak.
As part of the investigation, Binance’s own Sentry division worked with analytics blockchain–company TRM Labs over detection of criminals. it Binance’s first successful Bulletproof Exchangers initiative to prevent illegal activities in the cryptocurrency space. Previously Binance reported on the “allocation of additional resources” for supporting ongoing anti-money laundering activities.