Binance assists law enforcement agencies in uncovering 200 million virtual asset fraud and money laundering case

Fraud syndicates are still rampant recently, and fraud cases using cryptocurrency as a channel are emerging one after another. Recently, the Taipei City Investigation Bureau of the Bureau of Investigation uncovered a money laundering case involving a "fake personal currency dealer" involving NT$200 million. The main suspect was prosecuted for money laundering. However, this fraud case was solved thanks to the efforts of Binance, the leading overseas exchange.

For details, please refer to the following: https://ec.ltn.com.tw/article/breakingnews/4675510