Binance Chinese issued an Open Letter to the Crypto Community, addressing recent market and community concerns. The company emphasized that as platform scale grows, industry and platform volatility require higher standards in governance, risk management, and transparency.
Asset Recovery and Risk Control
The letter disclosed that in 2025, Binance assisted in recovering 38,648 mis-sent transactions worth approximately $48 million, with cumulative asset recoveries exceeding $1.09 billion. Additionally, the platform helped 5.4 million users identify potential risks, preventing estimated losses of around $6.69 billion from scams.
Law Enforcement Cooperation and Listing Ecosystem
Binance collaborates with global law enforcement agencies, addressing illicit activities totaling $131 million. The platform’s spot listings cover 21 blockchains, primarily ETH, BSC, and SOL, while 13 new chains have been added to further expand the ecosystem.
Asset Transparency and SAFU Fund Adjustments
By the end of 2025, proof of reserves covered user assets totaling approximately $162.8 billion across 45 asset types. The SAFU fund will gradually convert its $1 billion stablecoin reserve into Bitcoin within 30 days, replenishing BTC to $1 billion whenever market value drops below $800 million.
On-Chain Monitoring and Compliance
With expanded assets and multi-chain deployment, on-chain transaction and risk monitoring is increasingly vital. Using tools like Trustformer KYT, the platform can track fund flows and detect anomalous behavior in real time, enhancing risk prevention and compliance capabilities.
Long-Term Impact
Binance emphasized its commitment to transparency and long-term development in the crypto ecosystem. The company aims to jointly navigate market cycles with the industry, providing users and investors with robust security and compliance safeguards.