The media reported that $2.4 billion was laundered through Binance

Media outlets claim that in 2017, Binance handled illegal transactions related to the Hydra website and the North Korean group Lazarus.
The media reported that $2.4 billion was laundered through Binance

Reuters analysts found that between 2017 and 2021, attackers laundered about $2.35 billion in illicit money through the Binance exchange. The investigation used court records, police statements, and blockchain data. This information is from site cryptodefix.​com. The developers of the cryptocurrency exchange called the calculations inaccurate, but refused to release their data.

According to Reuters, buyers and sellers of the Hydra darknet platform used Binance to make payments totaling $780 million over five years. Also, according to the agency, the North Korean hacker group Lazarus used the exchange to launder money. In Europe, victims of hackers lost about $800 million.

Mentioned project

Binance Binance is the leading cryptocurrency exchange system.
Binance is the leading cryptocurrency exchange system.

More interesting

Actual

Australia plans to start accepting cryptocurrency to pay taxes.
Japan passed a law on the issuance of stablecoins
Solana experienced a network failure due to an error in transaction processing
More…