Binance Research Analyzes Cryptocurrency's Illicit Fund Recovery Rate as 55 Times Higher Than Fiat

Could the Perception of Cryptocurrencies as a Hotbed for Illicit Funds Be Shifting?

Binance Research released a report on the 16th, analyzing the reality of illicit fund recovery related to cryptocurrencies. The report, published on platform X, indicates that the recovery and seizure rate of illicit cryptocurrency funds in 2025 reached about 11%, which is 55 times higher than the less than 1% annual recovery rate for illicit fiat currency funds.

This figure is not merely an estimate by a single institution, but includes data from Tether, Interpol, and other sources...