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Binance Prevents Over $129M From Being Lost to Scams in 2024 via AI and ML

Binance Prevents Over 9M From Being Lost to Scams in 2024 via AI and ML

Crypto exchange giant Binance reportedly stopped more than $129 million from being lost to criminals in 2024. In its Anti-Scam Refund Initiative end-of-year report, the company outlined how it deployed cutting-edge artificial intelligence (AI) and machine learning (ML) technologies to transform digital asset security from reactive measures to proactive defense strategies. Anti-Scam Initiative According to the report, on average, the …

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