🚨 Breaking News: Binance & Tokocrypto Team Up to Bust $200K Pig Butchering Scam! 🐷💰

1/4 Indonesia's Criminal Investigation Agency (Bareskrim) just disrupted a massive crypto scam with the help of Binance and Tokocrypto. The operation seized $200K in illicit funds and identified multiple suspects. Talk about a porky problem solved! 🕵️‍♂️

2/4 The investigation kicked off in Nov 2023, leading to arrests and the seizure of 50 mobile phones and local bank cards. Forensic analysis and Telegram chats were key in tracing the suspects' wallet addresses. 🧐

3/4 Binance's Financial Intelligence Unit (FIU) played a crucial role, processing data requests and freezing assets. In 2023 alone, Binance handled 58,000 law enforcement requests, up from 50,000 in 2022. #CryptoHeroes

4/4 Binance advises: Always research before investing! Beware of projects promising sky-high returns. Remember, if it sounds too good to be true, it probably is. Stay safe, crypto fam! 🛡️

What are your thoughts on this crackdown? Drop your comments below! 👇