Binance has prevented over 129 million USD from falling into the hands of criminals in 2024 thanks to AI and ML 🌟.
- The year-end report of the Anti-Fraud Refund Initiative shows that Binance has used AI and ML technology to shift digital asset security from a reactive measure to a proactive prevention strategy.
- On average, the company handles about 80 successful refund cases each month, with a total of 9 million USD returned to victims.
- More than 47,000 malicious addresses have been blacklisted, preventing over 129 million USD from being defrauded.
- The system combines technology monitoring and human support, with ML algorithms analyzing complex transactions in real-time.