Binance Is The First Cryptocurrency And Blockchain Company To Join The National Cyber-Forensics and Training Alliance.

Binance, the world’s top blockchain and cryptocurrency infrastructure provider, announced today its membership in the National Cyber-Forensics and Training Alliance (NCFTA).

The National Cyber-Forensics and Training Alliance (NCFTA) is a non-profit organization dedicated to detecting, verifying, mitigating, and eliminating cybercrime threats. Binance is the alliance’s first official member from the blockchain and cryptocurrency industries.

The NCFTA was formed in 2002 to facilitate the appropriate exchange of information and subject area knowledge with partners from the commercial sector, law enforcement, and academia. Its mission is to generate and disseminate threat detection as part of the global effort to battle and defeat cybercrime. NCFTA actions have prevented over $2 billion in potential damages and launched hundreds of criminal and civil investigations, resulting in over a thousand arrests.

Matt LaVigna, President and CEO of the NCFTA said:

“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,”

The crypto exchange platform has assembled one of the most competent teams in the world to combat blockchain and cryptocurrency fraud. Its Binance Investigations Group regularly assists law enforcement organizations all over the world. Binance has so far collaborated with hundreds of criminal investigations, resulting in high-profile arrests, including a cybercriminal organization laundering $500 million in ransomware earnings.

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Patrick

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