Binance Says $300 Million Annual Compliance Spend Helped Stop $10.53 Billion in Fraud

Binance says it now spends about $300 million a year on compliance, with roughly one in four employees working in safety and oversight roles. The exchange said its systems have intercepted $10.53 billion in potential fraud and supported more than 313,000 law-enforcement requests. Binance Compliance Team of 1,500 Has Handled 313,000 Law Enforcement Requests Binance […]

Source: https://news.bitcoin.com/binance-says-300-million-annual-compliance-spend-helped-stop-10-53-billion-in-fraud/