Binance worked alongside São Paulo police to disrupt a gang involved in smartphone theft and fraud, marking a significant crackdown on digital asset theft.
Under Operation Sleipnir, authorities seized assets worth about 260,000 BRL, showcasing the importance of Binance’s blockchain tracing tools in locating stolen funds.
Recent reports indicate a reduction in illicit cryptocurrency activities, dropping from 0.61% to 0.14%, highlighting the effectiveness of collaborative law enforcement efforts.
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