Binance will get intelligence and training from STOP THE TRAFFIK to detect crypto flows tied to human trafficking. The partnership comes as the exchange faces renewed scrutiny over sanctions controls.
Binance will receive specialized intelligence and training from UK nonprofit STOP THE TRAFFIK to spot cryptocurrency activity linked to human trafficking and child exploitation, the exchange said Thursday.
The Centre for Intelligence-Led Prevention, a group within STOP THE TRAFFIK, will supply data on emerging criminal typologies and help strengthen investigations. The partnership also covers staff training and intelligence sharing aimed at improving Binance's financial crime detection.
The move is the latest compliance push from the exchange, which has faced scrutiny over its sanctions controls. In May, The Wall Street Journal reported that Iran-linked entities had moved hundreds of millions of dollars through Binance after the exchange's post-settlement compliance overhaul. Binance denied the allegations, calling the report outdated and saying it follows applicable sanctions laws.
The 2022 Global Estimates of Modern Slavery put the number of people living in modern slavery at 49.6 million in 2021. The NASDAQ 2026 Global Financial Crime Report estimated human trafficking generated roughly $528.5 billion in illicit proceeds in 2025.
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