Main Takeaways
No compliance program prevents every bad actor from attempting to interact with a financial platform. What matters is detection, reporting, law-enforcement cooperation, and measurable outcomes.
Our compliance program is among the most advanced and well-resourced in the industry, and the data shows it: between January 2023 and June 2025, Binance reduced its direct exposure to major illicit flows categories by 96%, to levels significantly lower than other leading exchanges.
Narratives built on selectively interpreted cases that misrepresent Binance’s compliance progress and operational reality ignore the measurable, globally recognized progress we have achieved on this front.
Over the past several years, Binance has built one of the strongest compliance programs in the digital-asset industry. We have invested heavily in world-class talent, advanced monitoring technology, and built strong partnerships with regulators, law-enforcement agencies, and independent analytics providers around the world. Our controls, processes, and cooperation frameworks are designed to meet – and in many cases exceed – the standards applied to traditional financial institutions, and the results speak for themselves: our exposure to illicit activity has declined sharply and continues to fall, while our capabilities to detect, report, and help disrupt financial crime grow stronger every year.
These are not abstract claims; they are grounded in daily collaboration with authorities across jurisdictions, independent research into our platform’s risk profile, and the lived experience of serving more than 300 million users globally in a safe and compliant way. This is the reality of how Binance operates today and how modern crypto compliance actually works.
We recognize that not everyone chooses to see this full picture, and that some external narratives focus narrowly on selected cases or outdated assumptions. That makes it all the more important for us to continue communicating clearly and transparently about our compliance efforts, our responsibilities, and our ongoing progress.
What Strong Compliance Looks Like
The litmus test for an effective compliance program is the ability to identify where a problem emerges and deploy the right response quickly, and this is precisely how our systems operate.
No compliance program prevents every bad actor from attempting to interact with a platform. The true test is whether an organization has the systems, people, and processes to detect suspicious activity, report it, and cooperate with law enforcement to address it.
In other words, the real questions are:
Do you have strong onboarding and KYC controls?
Do you have advanced transaction monitoring systems?
Do you detect and report suspicious activity quickly?
Do you cooperate with law enforcement and support investigations?
On these metrics, Binance’s program today is one of the most advanced in the world of finance. We use industry-leading third-party vendors augmented by proprietary in-house tools that identify anomalous patterns, typologies, and cross-platform behaviors. In addition, Binance has an in-house compliance team of more than 600 dedicated professionals, with the overall number of employees in compliance-related roles reaching 1,280. We invest hundreds of millions of dollars annually in compliance and are committed to increasing that investment in the coming year. Our onboarding checks, transaction monitoring, sanctions screening, and behavioral analytics are continuously upgraded across all major markets we serve.
Progress on this front is visible in trends observable over time. Our recent analysis of industry data demonstrated a 96% reduction in Binance’s direct illicit exposure – direct inflows and outflows from or to major illicit categories, including sanctioned entities and jurisdictions, scams, terrorist financing, and illicit actor-organizations – between January 2023 and June 2025, placing us well ahead of industry averages.
LE Collaboration: Most of Our Work Is Designed to Stay Quiet
Much of Binance’s compliance activity is intentionally invisible. By law, we cannot discuss accounts, investigations, or specific users, even when public speculation surfaces. Our work with law-enforcement agencies often includes sensitive, ongoing investigations across multiple jurisdictions. Public commentary would put those operations at risk.
What we can say is that Binance responds to tens of thousands of law-enforcement requests each year. This year alone, we have processed more than 65,000 requests, assisting authorities in confiscating more than $90 million in ill-gotten funds.
We support agencies such as Europol, INTERPOL, the DEA, the NCA, Homeland Security Investigations, and multiple national cybercrime units. These collaborations have resulted in the takedown of ransomware groups, darknet markets, human-trafficking networks, and financial-fraud rings. The value of our work has been repeatedly recognized by our global law-enforcement partners.
Ironically, outside observers can misinterpret suspicious activity as a failure, when in reality, the visibility exists because monitoring worked, and escalations happened as they should have. Oftentimes, cases that critics highlight to claim that Binance is allegedly not doing enough to combat illicit activity are already part of active investigations supported by Binance.
Seeing the Big Picture
A platform serving hundreds of millions of users will inevitably see some bad actors attempt to access its services. No global financial institution is immune: neither banks, nor fintechs, nor exchanges.
What matters is the macro perspective: measurable reduction in illicit exposure; strengthened controls across onboarding, monitoring, and reporting; continuous investments in technology and personnel – hundreds of millions of dollars each year; recognition from global law-enforcement agencies. Binance is a leader in the cryptocurrency industry in each of these metrics. This is what responsible reporting would reflect, but unfortunately it is often ignored in pursuit of clicks and pageviews.
Equally important is the need for journalists and analysts to critically assess the reliability of sources when relying on third-party blockchain data; not everyone in this space possesses the deep expertise they claim to have.
Standing by Our Commitment to Users and Compliance
To be clear, any suggestion that Binance is failing to uphold its compliance commitments is categorically false. These narratives ignore years of investment, global partnerships, independent validation, and concrete results.
Since Binance launched in 2017, our mission has always been to build a secure, transparent, and trusted platform that protects users and advances the future of finance. The progress we’ve made is real, measurable, and recognized by those who work closest with financial crime every day: the world’s law-enforcement agencies. We remain fully committed to meeting and exceeding our regulatory obligations, and to addressing misconceptions with facts.
Binance’s compliance journey is one of continuous improvement, and no headline will change that. No selective reporting will stop us from building a safer, more transparent financial system for everyone.
We welcome feedback on our compliance program provided in good faith. Reporters, researchers, and independent investigators who wish to share comments or concerns can contact us directly at [email protected], and our team will review and respond as appropriate. Your input helps us build an even stronger compliance program and make crypto safer for everyone.