Binance Research reports that illicit cryptocurrency transactions account for less than 1% of total on-chain volume. As of 2025, over $75 billion in illicit funds remain on-chain, marking a 28% increase from 2024. The report highlights that enhanced KYT (Know Your Transaction), KYC checks, stablecoin freezes, and improved on-chain tracking by law enforcement have made it increasingly difficult for illicit funds to be laundered. The research also notes that mainstream mixers have limited daily processing capacities, suggesting that even if $1 billion were stolen, it could take over 100 days to attempt to obfuscate the funds. Additionally, while more than 80% of illicit on-chain funds have been moved to downstream addresses, blockchain ledgers continue to allow for the tracking of these funds' movements.