WhiteBIT, a leading crypto exchange in Europe, announced that it intercepted $150 million in at-risk cryptocurrency funds in 2024, solidifying its reputation as a key player in fighting digital crime. The exchange increased its involvement in digital crime prevention and froze funds acquired through hacks and exploits. In 2024, global crypto crime reached $2.2 billion, with 303 hacking incidents recorded. WhiteBIT safeguarded $4.8 million from high-profile cases and prepared its platform for increased government regulation. The exchange also assisted in investigations involving Ripple's co-founder and the Coinspaid attack. WhiteBIT aims to set itself apart by actively engaging with law enforcement and employing advanced security measures to protect user funds.
Content Editor ( cryptopolitan.com )
- 2025-02-12
WhiteBIT freezes over $150M: how the exchange is fighting crypto crime
