SINGAPORE, March 17,
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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SOURCE Binance
