The exchange said the nonprofit will provide intelligence, training and typology insights to help detect crypto activity tied to human trafficking and child exploitation.
Binance said it has partnered with nonprofit STOP THE TRAFFIK to improve its ability to identify and investigate cryptocurrency activity linked to human trafficking and child exploitation. The exchange said it will receive specialized intelligence, training and insights from the UK group’s Centre for Intelligence-Led Prevention to spot emerging criminal typologies and strengthen probes into illicit flows. The collaboration also includes intelligence sharing and staff training aimed at improving compliance and financial crime detection. The move adds to Binance’s broader push to reinforce compliance operations as the company faces continued scrutiny over sanctions controls. In May, The Wall Street Journal reported that Iran-linked entities moved hundreds of millions of dollars through Binance despite the exchange’s post-settlement compliance overhaul. Binance rejected those allegations, saying the report used outdated information and that it complies with applicable sanctions laws. The backdrop is a large and lucrative criminal market. The 2022 Global Estimates of Modern Slavery said 49.6 million people were living in modern slavery in 2021, while The NASDAQ 2026 Global Financial Crime Report estimated human trafficking generated about $528.5 billion in illicit proceeds in 2025.