Binance, a major cryptocurrency exchange, has helped Thai authorities dismantle a massive crypto scam that drained over $277 million from victims. The scam, known as a "pig butchering" scam, involved scammers befriending victims on social media and then convincing them to invest in fake cryptocurrency projects. Binance was able to help Thai authorities track down the scammers and seize assets worth over $277 million. The scam is estimated to have impacted thousands of victims in Thailand alone, but Binance's assistance has helped to bring the scammers to justice and to protect investors from further losses.