, a nonprofit corporation focused on identifying, validating, mitigating, and neutralizing cybercrime threats. Binance is the first blockchain and cryptocurrency organization to formally join the alliance.
Established in 2002, NCFTA strategically partners with industry experts in the private, law enforcement and academia sectors to develop and share threat intelligence in the international effort to combat and defeat cybercrime. NCFTA’s initiatives have helped prevent over $2 billion in potential losses, launched thousands of criminal and civil investigations and made over 1000 arrests in the cybercrime space.
“Cybercrime is a global threat that continues to see exponential growth, with the potential to impact the very fabric of our society,” said Matt LaVigna, President and CEO of the NCFTA. “Binance is an industry leader with a proven track record in aiding international cybersecurity investigations. With their leadership, collaborative approach, and commitment to the war on cybercrime, they will enhance our ability to achieve the current mission of the NCFTA and assist in enabling a safe environment not only for the blockchain and cryptocurrency industry but for everyone" added Matt.
Binance Investigations Group, the dedicated cybercrime investigation team of Binance, actively assists law enforcement agencies worldwide in combating fraud and safeguarding the crypto and blockchain ecosystem.
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