> Clarifying Recent Binance Communications

We have been receiving inquiries about the Chainalysis metrics cited in a recent Binance announcement and blog. To clarify:  This analysis was conducted by Binance based on select Chainalysis data. Chainalysis did not conduct the analysis. The data Binance used for their analysis does not appear to include all categories of illicit activity that Chainalysis tracks; for example, it does not include ransomware and funds stolen in hacks. The Binance analysis also indicates that it is based on direct exposure only; in other words, if an illicit entity sends funds to a personal wallet, and then that wallet sends funds to Binance, it is not included in this analysis. The post Clarifying Recent Binance Communications appeared first on Chainalysis.