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Coin On Launches Joint Anti-Fraud Campaign with Global Law Enforcement Agencies

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It is reported that Coin On announced to launch a joint anti-fraud campaign in cooperation with global law enforcement agencies. The campaign began in Hong Kon…

Coin On Launches Joint Anti-Fraud Campaign with Global Law Enforcement Agencies

It is reported that Coin On announced to launch a joint anti-fraud campaign in cooperation with global law enforcement agencies. The campaign began in Hong Kong. Coin On cooperated with local police to establish targeted warning and crime prevention information. In the first four weeks after the pilot launch, about 20.4% of users reconsidered the withdrawal or review the transaction for fraud risk. Qian An said that he hoped to cooperate with law enforcement agencies in other regions to continue to promote the anti-fraud plan. The Joint Anti-Fraud Campaign complements the current worldwide anti-crime and crime prevention initiatives, including general business law enforcement assistance and the global law enforcement training plan announced last year.

Coin Security cooperates with global law enforcement agencies to launch a joint anti-fraud campaign

Interpretation of the news:


Coin On, a leading cryptocurrency exchange, has recently announced the launch of a joint anti-fraud campaign in collaboration with global law enforcement agencies. The campaign began in Hong Kong, where the company cooperated with local police to establish targeted warning and crime prevention information. The main objective of this campaign is to raise awareness among users about the risks of fraud and encourage them to take necessary precautions while making transactions.

Coin On’s anti-fraud campaign aims to help users identify the warning signs of fraud and scams while using the platform. According to Qian An, the company’s spokesperson, the campaign has already helped to deter fraudsters, at least in the pilot stage. In the first four weeks after its pilot launch, about 20.4% of users reconsidered their withdrawal or reviewed their transaction for fraud risk. This shows the effectiveness of the campaign in educating users about the risks of fraudulent activities and encouraging them to be vigilant.

The collaboration between Coin On and law enforcement agencies is another positive development for the cryptocurrency industry. The campaign complements the ongoing worldwide anti-crime and crime prevention initiatives by providing general business law enforcement assistance and global law enforcement training programs. The involvement of law enforcement agencies in the campaign is expected to create a safer environment for crypto transactions and help prevent fraudulent activities.

Coin On’s joint anti-fraud campaign is a welcome development for the entire cryptocurrency industry. It showcases the importance of collaboration between crypto companies and law enforcement agencies in promoting a safer environment for crypto transactions. With the success of its pilot launch in Hong Kong, Coin On plans to expand its anti-fraud campaign in other regions in collaboration with law enforcement agencies. This collaboration is expected to raise awareness among users and help prevent fraudulent activities in the crypto space.

In conclusion, Coin On’s joint anti-fraud campaign is a commendable effort to promote safety and security in crypto transactions. It raises awareness among users to remain vigilant and educated about the risks of fraudulent activities. This campaign is a significant step forward for the entire cryptocurrency industry in its efforts to combat fraud and illegal activities.

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