The level of illicit transactions on the largest cryptocurrency exchanges has reached minimal levels, amounting to only 0.018–0.023%, according to data from Chainalysis and TRM Labs. Binance demonstrated the best results in the market, which is due to substantial investments in compliance, the implementation of automated controls, and active engagement with law enforcement agencies. Analysis conducted by Chainalysis and TRM Labs showed that the share of illicit operations on the largest centralized crypto exchanges has dropped to unprecedentedly low values. According to analytical data for June 2025, the proportion of transactions of illegal origin on the seven leading crypto exchanges was negligible—ranging from 0.018% to 0.023%. Put simply, over 99.97% of all transactions made on these platforms fully comply with legal requirements. Binance deserves special attention. According to Chainalysis estimates, only 0.007% of transactions on this platform may be related to illegal activity. TRM Labs reports a figure of 0.016%. Both these figures are below industry averages. At the same time, Binance’s turnover is comparable to the combined volumes of its six closest competitors, and it maintains leadership in the minimum number of suspicious operations. Factors for the Decline in Illicit Activity The drop in illicit activity volumes is a direct result of targeted efforts by market participants. The activities of Binance can be taken as an example: The company has created and developed a compliance and risk management division with over 1,280 employees (about 22% of the total staff). Binance has allocated significant resources to developing automated monitoring systems and advanced “Know Your Customer” (KYC) solutions. In response to over 240,000 requests from law enforcement agencies, the exchange organized over 400 training and educational events worldwide. Furthermore, Binance participates in industry-wide initiatives to ensure regulatory compliance, collaborating with TRON, Tether, and TRM Labs. This is a third-party advertisement—it is not investment advice or a call to action from Investing.com. Details are available here, or you can opt out of seeing this advertisement. In October, Binance announced the allocation of $283 million to compensate users who suffered losses due to asset volatility during the crypto market crash that occurred on October 10, 2025.
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