TechFlow reported on September 24, according to an official blog post, Binance has successfully collaborated with Indonesian police to crack a major cryptocurrency fraud case. The Indonesian Criminal Investigation Bureau (Bareskrim), together with Binance and Tokocrypto, uncovered a "pig-butchering" scam network by investigating a suspicious trading website. Binance's Financial Intelligence Unit (FIU) provided in-depth analysis and support throughout the process—from initial investigation to asset freezing and final seizure. Authorities arrested several suspects and seized approximately 50 mobile phones, numerous bank cards, and $200,000 in illicit funds.
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