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Wu Blockchain (@WuBlockchain): Chainalysis pushed back on Binance’s recent analysis of “illicit crypto exposure,” saying Binance only counted direct flows and excluded major categor…

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Chainalysis pushed back on Binance’s recent analysis of “illicit crypto exposure,” saying Binance only counted direct flows and excluded major categories such as ransomware, hacked funds, and indirect transfers via intermediary wallets, making the conclusion incomplete. Binance earlier claimed illicit activity accounted for just 0.018%–0.023% of volume and later updated its post to clarify the analysis was done internally using data from Chainalysis and TRM Labs. https://t.co/uWm2XxVaGo

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