Main Takeaways
The Organized Crime and Triad Bureau (OCTB) of the Hong Kong Police Force invited Binance to participate in a law enforcement sharing session on June 27, 2024.
The OCTB is a division within the Hong Kong Police Force renowned for its successful efforts in neutralizing major criminal organizations and triad groups in Hong Kong over the past decades.
This collaboration highlights Binance's commitment to promoting security and compliance in the digital finance ecosystem through partnerships with law enforcement agencies.
We are honored to share that the Hong Kong Police Force’s Organised Crime and Triad Bureau (OCTB) recently invited Binance to participate in a law enforcement sharing session that took place on June 27, 2024, at the Hong Kong Police Headquarters. For decades, the OCTB has been at the forefront of combating organized crime and triad activities, making significant contributions to the global law enforcement community.
A Significant Step Forward
The agency’s invitation highlights its recognition of Binance's efforts to strengthen security and compliance within the crypto industry. This session at Hong Kong’s Police Headquarters marks a significant step in Binance’s ongoing commitment to cooperating with law enforcement in the region, helping crime fighters build capacity to address novel types of threats.
Carlos Mak, a specialist from Binance’s Investigations team, shared: “We are deeply grateful for the invitation from the OCTB. By deepening our cooperation with the global law enforcement community, Binance is able to further its commitment to protect users and build a secure online financial environment. We will continue to be at the forefront of combating financial crime."
During the session, a spokesperson from the OCTB remarked: ”We are pleased to welcome Binance to our headquarters and anticipate their valuable insights into fighting organized crime. This partnership is essential as we continue to protect our community from emerging threats. We appreciate Binance’s dedication to fostering security and compliance in the crypto industry.”
Mission to Maintain Security
The sharing session with the OCTB is a significant milestone for Binance. By participating in such initiatives, Binance aims to contribute to a safer digital environment and enhance law enforcement officials' knowledge and skills required to combat financial crime online.
In 2023, Binance has organized and engaged in 120 online and offline law enforcement training sessions worldwide. Earlier this year, Binance also received an invitation from the HKPF to join the Hong Kong International Symposium on Cyber Policing and Virtual Asset Investigation Course (VAIC) organized by the Cyber Security and Technology Crime Bureau (CSTCB).
By continuing operational collaboration and training sessions for law enforcement personnel, Binance reinforces its commitment to maintaining a secure and compliant platform. The goal is to always provide a safe and transparent environment for crypto users to operate in.