Binance assists in freezing $47 million in investigation of "pig killing" fraud case in Asia-Pacific
Source: PANews
Time: 2025-08-31 14:08:13
PANews reported on August 31 that Binance issued an announcement stating that in June 2024, Binance cooperated with Chainalysis, stablecoin issuing agencies and law enforcement agencies in the Asia-Pacific region to freeze US$47 million of illegal funds related to the "pig killing" fraud case. These funds are related to the "pig killing" scam, a form of investment and love fraud that has become increasingly globalized in recent years.