Binance’s Role in Combating Cybercrime in Thailand
A recent publication on the Binance Blog emphasizes the exchange’s pivotal role in supporting Thailand’s fight against cybercrime. The article sheds light on Binance’s recognition for its involvement in Operation 293, a collaborative investigation that resulted in the recovery of over 430,000 USDT that had been a victim of a hacking incident. This initiative underscores Binance’s dedication to enhancing digital security and working alongside law enforcement agencies.
Participation in the Thailand United Against Scams Event
On November 10, Binance was a key participant in the Thailand United Against Scams event, organized by the Royal Thai Police and attended by H.E. Anutin Charnvirakul, Thailand’s Prime Minister. At this important gathering, Binance received commendation for its contributions to the nation’s anti-cybercrime strategy. The event marked a significant moment as various sectors of the Royal Thai Police came together to fortify the country’s digital security framework.
Operation 293 was highlighted during the proceedings as a successful partnership between law enforcement and private industry, where Binance’s Investigations team was instrumental in analyzing intelligence, tracing transactions, and coordinating evidence.
Recognition from Law Enforcement
Lt. Col. Thanatus Kangruambutr, who serves as the Deputy Superintendent in the Cyber Support Unit of the Cyber Crime Investigation Bureau, expressed his appreciation for Binance’s sustained cooperation and support. He noted that Operation 293 exemplifies the effectiveness of collaborative efforts in achieving successful cybercrime prevention outcomes.
Meanwhile, Akbar Akhtar, Binance’s Head of Investigations for the Asia-Pacific region, praised Thailand’s leadership, particularly the Prime Minister and the Royal Thai Police, for prioritizing cybercrime on the national agenda. He affirmed the importance of the partnership with Thai authorities, viewing it as a vital contribution toward ensuring a secure digital environment. Akhtar expressed hope for ongoing cooperation to further enhance safety.
Ongoing Commitment to Digital Security
This year, Binance has received recognition from the Royal Thai Police for the second consecutive time, reflecting a strong alliance in line with Binance’s global mission to promote digital security and user protection in the cryptocurrency sector. The article concludes with Binance reiterating its commitment to fostering collaborations with law enforcement to build trust within the crypto industry and to continue assisting Thailand and other nations worldwide in their battle against cybercrime.
