Cybersecurity awareness month spotlights Binance's commitment to keeping African crypto users safe

Across Africa crypto is already part of everyday financial life. People use digital assets to send money home, save, pay for goods and run businesses. As more people come online, scammers are looking for new ways to reach them. Most crypto scams aim to break into systems. They trick people through fake websites, messages that pretend to come from trusted brands and offers that seem too good to be true.

Binance sees compliance as an ongoing investment in user protection, not simply a regulatory requirement. It invests approximately US$300 million a year in compliance with nearly 1500 employees in compliance-related roles. Artificial intelligence helps these teams detect suspicious activity and emerging threats faster. Between 2025 and the first quarter of 2026 Binance's systems intercepted approximately US$10.53 billion in potential fraud, scams and unusual activity.

This work forms part of Binance's broader global law-enforcement cooperation. Across multiple countries, Binance has handled over 71,000 law enforcement requests, supporting authorities in the recovery or seizure of more than $130 million in illicit funds.

Binance has also conducted training workshops to help investigators work with blockchain records. Additionally, initiatives like the "Know Your Scam" campaign aim to raise awareness of how scammers operate, including fake investment schemes, impersonation fraud, and pressure-based manipulation. Academy articles, in-app notifications, and community events all contribute to this educational effort.