Binance joins STOP THE TRAFFIK in anti-human trafficking effort
The partnership expands Binance’s compliance efforts by providing intelligence and training to help detect cryptocurrency activity tied to human trafficking and child exploitation.
Binance has partnered with nonprofit STOP THE TRAFFIK to bolster its ability to identify and investigate cryptocurrency activity linked to human trafficking and child exploitation.
The crypto exchange said Thursday that it will receive specialized intelligence, training and insights from the UK group’s Centre for Intelligence-Led Prevention, to help identify emerging criminal typologies and strengthen investigations into illicit activity linked to human trafficking.
The collaboration will also include intelligence sharing and staff training aimed at improving the exchange’s compliance and financial crime detection capabilities.