Recognized as the largest cryptocurrency broker in the market, Binance is intensifying its cybersecurity efforts in Latin America through partnerships with several organizations including INTERPOL, the Chilean Public Prosecutor’s Office, the Council of Europe and the Colombian National Police .
During an INTERPOL conference in the Dominican Republic, Pablo Vera, head of Intelligence and Investigations at Binance in the Americas, interacted with more than 50 leaders of police units specializing in cybersecurity.
Vera gave a talk and participated in a panel on cryptocurrencies, law enforcement support, compliance and investigations. Binance was invited to join an INTERPOL working group to support law enforcement in the Latin American region.
“It was gratifying to hear various department heads share examples of how Binance supported their investigations, often exceeding expectations. Delegations from Costa Rica, the Dominican Republic and Argentina emphasized our rapid and substantial support in various investigations, including in emergency situations.”Vera said.
Binance expands partnership with INTERPOL
In addition, the Binance Americas team participated in a regional workshop promoted by the Public Prosecutor’s Office of Chile and the Council of Europe, covering concepts around crypto assets and Binance’s anti-money laundering (AML) policy.
The event discussed tools and processes developed by the exchange to collaborate with authorities in combating cyber and financial crimes.
These initiatives represent Binance’s commitment to improving market intelligence and actively collaborating in preventing and combating financial crimes.
Vera emphasized: “Ensuring the security of our ecosystem and protecting the Binance community is critical to us. We invest heavily in security and compliance to set a standard in the cryptocurrency industry. We work with law enforcement every day to detect suspicious activity and combat cyber and financial crimes.”
Binance has conducted training and workshops with authorities around the world, responded to thousands of requests, and assisted in the freezing and seizure of fraudulent funds totaling more than one billion USDT.
Source: Live Coins
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.
