Binance collaborates with Interpol and law enforcement agencies from 16 countries on "Red Card 2.0" to combat fraud

BlockBeats News, March 3rd, according to the official blog, Binance, in collaboration with INTERPOL, AFripol, and 16 law enforcement agencies from African countries, launched "Operation Red Card 2.0" to combat high-yield investment fraud, mobile payment fraud, and fraudulent loan apps, among other scam infrastructures. During the approximately 8-week operation, the police arrested a total of 651 suspects, seized 1,442 malicious IPs/domains/servers and related equipment, and recovered over $4.3 million in funds. The total amount of losses associated with the investigation exceeded $45 million, with 1,247 confirmed victims.