![FyLDRhdXgAAdw32.jpg](https://files.peakd.com/file/peakd-hive/cryptoandcoffee/Eoc7bS8Yn3YWEkrdEFY2i4B7GWZY2qcsDuSwt5fgsqQoYLoCDcVsEZTjGWsbRvNYhVc.jpg)

[source](https://twitter.com/binance/status/1667109520873603073/photo/3)

**Binance at the 14th Interpol working group for Middle East and North Africa where Binance helps train the law enforcement agencies. They don't have to do this but it is in everyone's best interest they do.**



I do think the negativity towards crypto is slowly being broken down as this is a slow gradual process that will take time. Forget the SEC as they are the odd one's out, but I am talking about the rest of the world. I have noticed a trend lately with Cointelegraph as they help create more FUD as a majority of their articles I have seen have been FUD related and in my view should be highlighting positive stories only as this needs to change with them having a voice.

Binance has a love hate relationship in and out of the crypto world and whether you like them or not they do make a difference. One of the biggest problems with crypto is making it a safe space to invest into and removing the bad actors. Where there is money you will always find some crime being committed and the obvious place to prevent this is at the exchanges themselves. I was hacked within my first 3 weeks of being involved in crypto and was fortunate to see it happening live which made it very real.

Back in 2015 Europol and Interpol set up a team to investigate cybercrime and money laundering which later included the likes of Binance attending these meetings. Having exchanges on board is a must as the agencies can better understand how crimes are committed and how they can be prevented.

If you follow Binance on twitter you will notice they are involved in many law enforcement working groups with some type of update or meeting happening weekly. The latest one this week had 56 countries represented with Binance doing the training required and they get no recognition for this. The cost involved as these people are employees of Binance, the time, accommodation etc which at the end of the day benefits everyone in crypto.


![Capture.png](https://files.peakd.com/file/peakd-hive/cryptoandcoffee/EoEoXbZYUBunWxwPEWDd2abhfqrH5uUV9hhdp8qbZyCrHw2FNgCgkHg2sN2xPWx2WtD.png)

[source](https://www.binance.com/en/blog/ecosystem/binance-partners-with-law-enforcement-agencies-to-launch-joint-antiscam-campaign-3471174426532385700)



Another initiative launched in March this year was the Anti Scam Campaign which sounds like it was more about getting ready for Hong Kong going live with their crypto exchange this month. I had no idea the figures were that bad back in 2021 with one case reported every half hour totaling 19 000 cases for the year. That is only Hong Kong and these are horrendous stats which are also rather scary knowing they need to make sure investors are protected.


![Capture.png](https://files.peakd.com/file/peakd-hive/cryptoandcoffee/23wMQDNDU6ruiDjH1MGUothHkuoCBfNuBJiXcFzD1wti2skaf8iC9ggmV6jdnpLXVzqfs.png)

[source](https://www.binance.com/en/blog/ecosystem/binance-partners-with-law-enforcement-agencies-to-launch-joint-antiscam-campaign-3471174426532385700)

Crypto has come a long way over the last 4 years especially with security and partnerships between law enforcement agencies and exchanges. Just last week Huobi froze an account that was receiving funds from illicit activity and the funds were returned to the rightful owners. This is what should be the normal and what needs to help make the crypto space safer as the less negativity being created into FUD the better the market will respond and be able to grow.

From our viewpoint in crypto we still have along way to go but all these actions being taken are helping the adoption process move far quicker. How great things could be if regulators and exchanges worked in harmony as there is no reason why they can't if they give clarity and the guidelines required.

Posted Using [LeoFinance Alpha](https://leofinance.io/@cryptoandcoffee/a-team-effort-for-adoption)