🇿🇦 English, 20 October 2026, crypto-security
Binance Intercepts $10.53 Billion in Potential Fraud
Binance's systems detected approximately $10.53 billion in potential fraud, scams, and unusual activity between 2025 and Q1 2026.
Binance invests approximately $300 million a year in compliance with nearly 1,500 employees in compliance-related roles. Artificial intelligence helps these teams detect suspicious activity and emerging threats faster.
Binance provides ongoing support to law enforcement, including participating in commercial crimes training programmes run by the National Prosecuting Authority.
The company encourages users to take simple steps to protect themselves from online scams and cyber threats, including turning on two-factor authentication and reporting suspicious activity to Binance and local law enforcement.