Binance says it protected more than $2.4 billion from crypto scams this year

Cryptocurrency exchange Binance says it has protected more than $2.4 billion from scams and fraudulent activity this year, protecting more than 1.2 million users worldwide. The exchange’s AI-based and manual risk management system identified and blocked suspicious transactions, particularly during crypto withdrawals, where $1.1 billion in scam-related activity was thwarted, Binance explained. $2.4 billion saved, says (…)