WSJ: Binance still has over 900,000 active users in the Chinese market, and its investigation team works closely with law enforcement agencies

ChainCatcher news, according to internal data obtained by The Wall Street Journal, in May of this year alone, Binance's cryptocurrency trading volume from Chinese customers exceeded $90 billion, with most trades being related to cryptocurrency futures contracts. This trading volume accounted for 20% of Binance's global trading volume (excluding a small portion of trades from ultra-large traders), making the Chinese market Binance's largest market, followed by South Korea with a 13% share, and Turkey with nearly 10%.

Additionally, according to data from Binance's internal platform called "Mission Control," Binance has 5.6 million registered users in China, of which 911,650 are active users. Furthermore, Binance's investigation team continues to work closely with Chinese law enforcement to investigate potential criminal activities among active users. According to Binance internal documents and a former employee, as of January, approximately 100,000 Chinese users were classified as "political figures."