Binance: Assisting in freezing nearly $50 million in "pig killing" to defraud illegal funds
Source: BlockBeats
Time: 2025-08-28 19:34:53
According to BlockBeats, on August 28, Binance cooperated with Chainalysis, stablecoin issuers and law enforcement agencies in the Asia-Pacific region to help freeze nearly $50 million of illegal funds related to "pig killing" fraud in June last year. These funds are related to the so-called "pig killing" scam, a method of investment and love fraud that has become increasingly global in recent years.