SINGAPORE, March 18,
2025 /PRNewswire/ -- Binance, the global blockchain
ecosystem behind the largest crypto exchange by trading volume, is
proud to announce that it has received an appreciation award from
the Singapore Police Force (SPF)
for its proactive contribution in the fight against cyber threats.
This recognition reinforces Binance's dedication to remaining at
the forefront of industry efforts to build a safe and secure
financial ecosystem for all.
The award was presented by SPF's CyberCrime Command (CCC) during
this year's Alliance of Public PrivAte Cybercrime sTakeholders
(APPACT) networking dinner held last week on March 11, 2025. The APPACT Appreciation Awards
recognize private companies for their efforts and partnership with
the SPF CCC in capability building and their contributions to
detecting and preventing cybercrime. This award underscores the
important role that private sector players, such as Binance, play
in combatting emerging cybersecurity threats in Singapore.
The Guest of Honor at the dinner, Mr Zhang Weihan, Acting Deputy
Commissioner (Investigation & Intelligence) and Director of the
Criminal Investigation Department (CID) of SPF, gave an opening
speech where he directly expressed appreciation to various private
sector entities, including Binance, for their analytical and
operational support in cases handled by the Singapore Police Force.
Binance received the award this year alongside 17 other
companies. Award recipients also include tech giants like Google,
Mastercard, Meta, Microsoft, and PayPal.
On receiving the award, Akbar
Akhtar, Binance's Head of Investigations for APAC, shared:
"Receiving the APPACT Appreciation Award is an honor for Binance,
and we are deeply grateful to the Singapore Police Force for recognizing our
team's efforts in combating cybercrime. At Binance, we have always
believed that effective security requires collaboration. That is
why we are constantly looking for opportunities to directly engage
with both law enforcement agencies and industry players to create a
digital environment where everyone feels safe, comfortable, and
protected."
This latest recognition places a spotlight on Binance's broader
and ongoing efforts to combat illicit activity and build strong
public-private partnerships in all parts of the world. In fact, it
has been a particularly active month for Binance in Southeast Asia. Earlier this month, Binance
also received an appreciation from Thailand's Central Investigation Bureau (CIB)
for contributions to Operation Cyber Guardian. Additionally,
Binance was recently honored with an appreciation medal from the
Directorate of Cyber Crime of Indonesia for its long-term support for the
unit.
In 2024, Binance responded to nearly 65,000 requests from law
enforcement agencies worldwide. Moving forward, Binance remains
committed to working collaboratively with both public and private
players to ensure the digital sphere remains safe and secure for
all.
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