Binance is back in action! In its Anti-Scam Recoveries Initiative year-end report, Binance prevented over $129 million from being stolen by fraudsters in 2024. With the help of AI and ML, digital asset security is now more proactive. 🎉

- On average, Binance successfully recovers around $9 million in stolen funds per month.

- Over 30,000 calls are made to alert potential victims, and 15,000 daily alerts are sent to users.

- A total of 47,000 malicious addresses have been blocked.

This sophisticated system combines technological oversight and human support. ML algorithms analyze complex transaction patterns in real-time, while AI distinguishes legitimate user activity from suspicious ones.

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