[Binance Collaborates with Chainalysis and Relevant APAC Authorities to Help Freeze Approximately $50 Million in Fraudulent Funds] According to a report by Jinse Finance, Binance CEO Richard Teng stated, 'Proud of the work our team has done in a major international operation. Through collaboration with Chainalysis (@Chainalysis) and relevant authorities in the Asia-Pacific (APAC) region, we helped freeze approximately $50 million in fraudulent funds, protecting vulnerable victims from sophisticated scams. This is what building a safer ecosystem for everyone is all about.'