Binance Exchange Continues to Support Crypto Investors! #SAFU
With the support of Binance exchange, the ZKasino fraud suspect was arrested. Binance exchange helped recover 11.4 million euros of stolen funds.
✴️ Binance exchange Crime Compliance and Investigation team, which started investigating the issue with the warnings of the Crypto Community; used a combination of on-chain monitoring and open source intelligence information (OSINT) methods to find the attacker.
🔶 Binance Team; examining all smart contracts to find the person behind the attack; identified the suspect behind the smart contracts and alerted law enforcement to the identity of the account holder committing the fraud.
▪️ In this way; The 26-year-old suspect was arrested on April 29, 2024. Assets worth 11.4 million Euros were seized.
➖ The first arrest was made in the ZKasino fraud, in which investors lost at least $33 million in digital assets.
🔶 Binance exchange officials working in full harmony with the Dutch authorities; Upon the decision to arrest the attacker, it successfully froze millions of dollars worth of crypto stolen through ZKasino.
➖ Impact of the crypto community; Teams working in full harmony with law enforcement forces with the support of Binance exchange; It opened the curtain behind the fraud and the first suspect was arrested.
▪️ It is considered that there may be different attackers behind the fraud.
The Binance exchange Investigation team will continue to cooperate and extend its support in full compliance with the authorities to ensure that the stolen funds are returned to investors.
➖Binance stock market in such cases; We appreciate your desire and effort to be with users. It is great that a stock exchange that draws attention to the safety of funds at every opportunity is on the side of investors who are in a difficult situation...
🧡 We would like to take this opportunity to thank the founders and employees of the Binance exchange. The biggest thank you goes to CZ... We are grateful for bringing such an exchange to the crypto community.
