As Cointelegraph reported, Binance Australia is tightening its onboarding process for new users to protect users it has flagged as most vulnerable to financial crypto crime. The general types of users that Binance flags as vulnerable are the elderly, those living in remote areas, or people with disabilities. These conclusions are the result of collaboration with various governments and research institutions focused on financial crime. Additionally, the Binance Australia CEO highlighted that his company is particularly concerned about investment scams, in which criminals promise exorbitant investment returns in order to trick people into sending them money.