Research: Binance and Huobi Received Over 52% of Total $2.8B Illicit BTC in 2019

Cointelegraph

Published Jan 16, 2020 12:44PM ET

Updated Jan 16, 2020 02:22PM ET

Research: Binance and Huobi Received Over 52% of Total $2.8B Illicit BTC in 2019

Binance and Huobi have together received over 52% of total $2.8 billion illicit Bitcoin (BTC) transfers in 2019, according to a new report.

Over the course of 2019, criminal entities moved a total of $2.8 billion in Bitcoin to cryptocurrency exchanges, according to a Jan. 15 study from Chainalysis.

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