Binance received a letter of commendation for helping Hong Kong police solve a cryptocurrency kidnapping case

Binance recently received a letter of thanks from the Organized Crime and Triad Bureau (OCTB) of the Hong Kong Police Force (HKPF) for their contribution to the investigation of a recent kidnapping case in which Binance’s intelligence Analysis helps identify suspects, i.e. members of criminal groups.

The thank you letter expresses gratitude to Binance, especially Carlos Mak, a member of Binance’s investigation team.

The Hong Kong Police Force also stated that joint efforts are needed to effectively combat criminal activities that exploit emerging technologies, and praised Binance for taking a proactive stance in addressing these challenges.

Letter of thanks from Hong Kong police to Binance

According to the letter signed by OCTB Chief Superintendent Au Yeung Siu-kong, Binance’s assistance was “invaluable” in the police investigation and helped authorities identify the suspect.

“Your commitment to cooperation not only aids this investigation but also strengthens trust between law enforcement and the cryptocurrency community. We recognize that combating criminal activity that exploits emerging technologies requires a collective effort, and you are instrumental in addressing these challenges.” The positive gesture is commendable. Your digital environment is critical to creating a safer environment for citizens.”

Carlos Mak, an expert on Binance’s investigative team responded to this：

“We are honored to be recognized by the Hong Kong Police Force for our efforts in fighting crime. We have always believed that public-private cooperation is the key to maintaining the security of the digital financial environment and enhancing trust in the industry. Going forward, Binance will continue to do our part to prevent and fight crime. Make a contribution.“

Binance helps solve a kidnapping case that may be a child kidnapping case in Tseung Kwan O shopping mall

Just last month, on July 3, a shocking cryptocurrency kidnapping occurred in Tseung Kwan O, Hong Kong.

A 3-year-old boy was taken away with a towel covering his mouth at Tseung Kwan O Plaza shopping mall.

The kidnappers then extorted 660,000 USDT from the child’s parents.

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The suspect in the case was subsequently arrested by the Organized Crime and Triad Bureau (OCTB) of the Hong Kong Police Force (HKPF) within one day.

Binance received a letter of thanks from the Organized Crime and Triad Bureau (OCTB) of the Hong Kong Police Force (HKPF) this time, which may be due to the police’s response to the child kidnapping case.

related reading：A 3-year-old child in Hong Kong was kidnapped in public in a shopping mall in Tseung Kwan O. The robbers will kill children if not receiving 660,000 USDT.

Binance has always been committed to blockchain security

Binance is always committed to maintaining user security and the blockchain ecosystem, and creating a safer and more reliable digital financial environment for the community.

In addition to law enforcement cooperation, Binance also actively organizes law enforcement training programs to enhance the knowledge and skills of law enforcement personnel in combating online financial crimes.

Previously, the Binance team was invited by OCTB to cooperate with the Hong Kong Police Headquarters to hold law enforcement training courses.

related reading：Another virtual currency exchange shop in Hong Kong has been blocked by the police. It is suspected of being involved in money laundering. Be cautious when choosing OTC shops!