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Binance touts $300M compliance spend after $10.5B fraud blocks – TON BOT

Binance touts $300M compliance spend after $10.5B fraud blocks

Binance spends $300 million yearly on compliance, with a focus on user protection. The exchange intercepted $10.53 billion in potential fraud and recovered over $8.2 billion in user assets since 2021. It has supported over 313,000 law enforcement requests. Binance aims to strengthen compliance following past violations and faces regulatory scrutiny.


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