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

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.

Interpretation of this information:

Coin On’s announcement of launching a joint anti-fraud campaign in cooperation with global law enforcement agencies is no doubt a crucial step towards addressing the problem of fraud, which has become a significant issue in the world of cryptocurrency. The fact that the campaign began in Hong Kong and managed to have an impact in its first four weeks is a sign of its effectiveness.

Coin On is partnering with local police to create targeted warning and crime prevention information, which seems to be a necessary step in the right direction, given how criminals are always looking for new ways to defraud unsuspecting users. By providing users with the right information and alerts, they can be more vigilant when it comes to their transactions, and this will ultimately reduce the number of cases of fraud.

The fact that more than 20% of users reconsidered withdrawing or reviewing their transactions for fraud risk shows that this campaign has been well received and has managed to make an impact. This is an encouraging sign that shows that the campaign is effective in raising awareness and educating users on how to identify fraud.

One significant outcomes of this campaign is that the Joint Anti-Fraud Campaign complements the current worldwide anti-crime and crime prevention initiatives. It is a step towards general business law enforcement assistance and the global law enforcement training plan, which was announced in the previous year. All these initiatives aim to make the world a safer place for businesses, individuals, and law enforcement agencies.

Qian An’s expression of hope to cooperate with law enforcement agencies in other regions to continue promoting the anti-fraud plan is a sign of a willingness to combat fraud on a global scale. The fight against fraud needs to be tackled from multiple angles, and this campaign is a step in the right direction.

In conclusion, Coin On’s joint anti-fraud campaign is an essential initiative that will help boost the fight against fraud in the world of cryptocurrency. The partnership with law enforcement agencies is a significant development that shows how important it is to work together to achieve a common goal. Crypto users need to be more vigilant, and campaigns like these can help in raising awareness and ultimately reducing the number of fraud cases.