Binance Prevented .4 Billion in Losses in H1 2024, 45 Percent Were Linked to Scams: Report

Binance Prevented $2.4 Billion in Losses in H1 2024, 45 Percent Were Linked to Scams: Report

Binance CEO Richard Teng, in a post on X, claimed that the exchange has managed to prevent losses of around $2.4 billion (roughly Rs. 20,130 crore) between January and July this year. According to Binance, over 1.2 million global users were protected against financial losses during this period. Touted as…