Binance CEO visits Hong Kong to meet with police to strengthen cooperation and combat cryptocurrency crime

Binance deepens cooperation with Hong Kong police and works together to combat virtual asset crime

Binance, the world's leading cryptocurrency exchange, continues to strengthen cooperation with law enforcement agencies. Recently, Binance CEO Richard Teng met with Superintendent of the Cybersecurity and Technology Crime Investigation Section of the Hong Kong Police Force. The two sides had in-depth discussions on the cooperation mechanism for combating financial fraud and cybercrimes related to virtual assets.

Binance was awarded a letter of thanks for its contribution to combating virtual asset crimes

The talks covered key issues such as establishing closer public-private cooperation mechanisms and enhancing law enforcement capabilities to deal with increasingly complex cybercrime. In view of Binance's contribution to assisting Hong Kong in solving cases and enhancing industry integrity over the years, Superintendent Lin Zhuohao specially presented Binance with letters of thanks and medals in recognition of its efforts to assist law enforcement agencies in solving complex cases worldwide.

Deng Weizheng said that Binance knows that close cooperation with law enforcement agencies is crucial to maintaining the security and integrity of the virtual asset industry.

Public and private cooperation to build a stronger digital financial security system

In recent years, cryptocurrency crime has become increasingly rampant, and cases such as fund fraud, money laundering and hacking are common. Governments and law enforcement agencies are actively seeking cooperation with the industry to strengthen regulatory and crime prevention capabilities.

Binance has established close cooperative relationships with law enforcement agencies in many countries, providing case investigation assistance, sharing blockchain tracking technology, and helping law enforcement agencies improve their ability to deal with cryptocurrency crimes.

In Hong Kong, Binance actively communicates with local law enforcement agencies. In addition to providing case investigation assistance, it also regularly shares industry trends and expertise, aiming to jointly build a more transparent and secure digital financial ecosystem.

Deng Weizheng emphasized that Binance's continued cooperation with the Hong Kong Police Department reflects its determination to combat illegal activities in this field and maintain industry trust, and looks forward to continuing to cooperate with the Hong Kong police and global law enforcement agencies in the future.

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