Reuters reported on the laundering of cryptocurrencies for $ 2.35 billion through Binance

From 2017 to 2021, Binance processed at least $2.35 billion in transactions related to illegal activities.says Reuters. The agency claims that the crypto exchange was actively processing illegal transactions, including those related to the dark web site Hydra and the North Korean group Lazarus.

Binance processed transactions from 2017 to 2021worth at least $2.35 billion related to illegal activities, according to Reuters. The agency used court records, law enforcement statements, and blockchain information. The crypto exchange responded that they did not consider the calculations accurate and refused to provide their own data.

In particular, according to Reuters, for five yearsHydra darknet buyers and sellers have used Binance to make and receive $780 million worth of payments, according to Crystal Blockchain, and another analyst firm agreed.

The agency also claims that the North Koreanhacker group Lazarus used Binance to launder cryptocurrency. And the German police said that criminals in Europe laundered funds through a crypto exchange, the victims lost a total of €750 million ($800 million).

In April, Reuters reported that the regional head of Binance, Gleb Kostarev, agreed to transfer client data to Rosfinmonitoring. Subsequently, Kostarev stated that he did not transmit the data.

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