Key Highlights
- Binance CEO Richard Teng recently met with Senior Superintendent Lam Cheuk-ho of the Hong Kong Police Force's Cybersecurity and Technology Crime Bureau to discuss enhanced collaboration in combating illegal activities related to virtual assets.
- The Hong Kong Police Force presented Binance with a commendation letter and award plaque in recognition of the company's long-standing support and contributions to law enforcement.
- Through close cooperation with global law enforcement and industry stakeholders, Binance remains committed to building a secure and reliable financial ecosystem for all.
Binance CEO Richard Teng recently held discussions with Senior Superintendent Lam Cheuk-ho of the Hong Kong Police Force’s Cybersecurity and Technology Crime Bureau to advance bilateral efforts in combating financial and cybercrimes involving virtual assets.
Collaboration Drives Impact
The two leaders exchanged insights on key topics, including:
- Expanding public-private partnerships in blockchain ecosystem cybersecurity.
- Strengthening law enforcement capabilities against increasingly sophisticated threats and technologically advanced criminals.
During the meeting, Senior Superintendent Lam Cheuk-ho presented Binance with a commendation letter and award plaque, acknowledging the company's sustained support for Hong Kong law enforcement over the years.
👉 Learn how Binance collaborates with global law enforcement
In the letter, the Hong Kong Police Force praised Binance’s significant contributions to resolving complex cases and upholding industry integrity worldwide.
Binance CEO Richard Teng stated:
"At Binance, we recognize that close collaboration with law enforcement is essential to safeguarding the virtual asset industry’s security and integrity. Our ongoing partnership with the Hong Kong Police reflects our commitment to combating illegal activities and maintaining trust within the sector. We look forward to continuing our work with Hong Kong police and global law enforcement."
Binance’s Commitment to a Secure Ecosystem
By forging strong partnerships with law enforcement globally, Binance remains at the forefront of industry efforts to ensure a safe financial ecosystem. In Hong Kong, Binance actively supports investigations and shares expertise with law enforcement agencies.
👉 Explore Binance’s security initiatives
FAQs
Why is Binance working with Hong Kong police?
Binance collaborates with law enforcement to combat financial crimes involving virtual assets, ensuring a secure trading environment.
What recognition did Binance receive from Hong Kong police?
The Hong Kong Police Force awarded Binance a commendation letter and plaque for its contributions to solving complex cases and supporting investigations.
How does Binance assist in criminal investigations?
Binance provides investigative support, shares expertise, and aids in tracking illicit activities involving digital assets.
What are Binance’s long-term goals in law enforcement collaboration?
Binance aims to strengthen global partnerships, enhance cybersecurity, and promote transparency in the virtual asset industry.
Is cryptocurrency investment safe?
Cryptocurrency investments carry high risks due to price volatility. Always assess risks carefully before investing.
Risk Disclosure
Cryptocurrency investments involve significant risk, including potential loss of capital. Prices are highly volatile—invest with caution.
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