Binance Co-CEO: Binance's AI detection system has saved users from potential losses of $10.53 billion in just over a year.

CoinFeed reported on May 8th that Binance co-CEO Richard Teng stated in an article on the X platform that 75% of financial institutions plan to increase their use of AI in crime detection. Binance's AI-driven detection system helped users avoid approximately $10.53 billion in potential losses between 2025 and the first quarter of 2026.