Binance’s new CEO: The scale of illegal financial activities involved in fiat currencies every year is 100 times that of cryptocurrencies

Richard Teng, the new CEO of Binance, posted on the Drawing on data from the United Nations, the World Economic Forum, and Cryptoanalysis. As Dr. Gwizdalki said, 'Perspective is crucial when dealing with illicit financial activity. Traditional fiat currencies, such as the U.S. dollar, are involved in approximately $3.2 trillion in illicit activity every year, and are More than 100 times that of cryptocurrencies ($20 billion). Shouldn’t we rethink this narrative?’”