Clarifying Recent Binance Communications

We have been receiving inquiries concerning the Chainalysis metrics cited in a latest Binance announcement and blog. To make clear: 

  • This evaluation was performed by Binance based mostly on choose Chainalysis knowledge. Chainalysis didn’t conduct the evaluation.
  • The knowledge Binance used for his or her evaluation doesn’t seem to incorporate all classes of illicit exercise that Chainalysis tracks; for instance, it doesn’t embody ransomware and funds stolen in hacks.
  • The Binance evaluation additionally signifies that it’s based mostly on direct publicity solely; in different phrases, if a bootleg entity sends funds to a private pockets, after which that pockets sends funds to Binance, it’s not included on this evaluation.

The submit Clarifying Recent Binance Communications appeared first on Chainalysis.

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