Binance Bans 297 Accounts for Fraud, Reinforces Web3 Security with Reallocated Funds

Binance banned 297 accounts to counter the unfair centralization of funds within its Megadrop campaign. Funds from frozen fraudulent accounts are reallocated to enhance Binance’s project activities. Vietnamese telecom Viettel’s eKYC solution aced a fraud prevention test, setting a high-security standard. Discover the latest on Binance’s crackdown on fraudulent accounts and Viettel’s pioneering eKYC solution,

Source: CoinOtag