The top crypto exchange Binance is collaborating with the law enforcement agencies operating in Taiwan. The platform, with this partnership, focuses on preventing cybercrime. On the 9th of June, the crypto exchange announced the latest collaboration on its official Twitter account. The company also published a blog post on its web portal. CEO, Changpeng Zhao also shared this news.
Binance Joins Forces with Law Enforcement Firms in Taiwan to Stop Cybercrime
A day before the announcement, the to centralized exchange organized a 1-day training project in partnership with the Criminal Investigation Bureau (CIB) of Taiwan in Taipei. It disclosed that the partnership is included in its wider determination to play a significant role in fighting cybercrime. In this way, the company has a strategy to collaborate with law enforcement organizations operating around the world.
The latest project is structured as well as driven by the professionals belonging to the Law Enforcement Training and Investigation team of Binance. The workshop was attended by nearly two hundred people both virtually and on-site. The workshop discussed a series of subjects taking into account the crime trends related to cryptocurrency.
The workshop additionally dealt with the topics covering the investigating techniques. Moreover, it discussed the case studies to be conducted by the crypto exchange in partnership with law enforcement organizations. This would be reportedly beneficial in preventing the cybercrime that is mounting day by day.
Executive Says the Crypto Exchange Eyes More Such Partnerships in the Future
Damien Ho, Binance’s Global Partnerships head, also commented on the latest development. The executive said that the crypto interest is growing over time in Taiwan. Keeping that in view, it is significant that additional security is provided to the crypto ecosystem, he added. This would offer more comfort to crypto consumers. The executive asserted that Binance would assist in empowering the security of this realm in collaboration with the relevant law enforcement firms.