[Over $28 Billion in Dirty Money Flowed in Two Years: The New York Times Exposes Crypto Exchanges as 'Hotbeds' for Money Laundering] According to an investigative report by *The New York Times* in collaboration with ICIJ, approximately $28 billion in illicit funds are projected to flow into mainstream cryptocurrency exchanges such as Binance, OKX, and Bybit by 2025. These funds originate from North Korean hackers, Southeast Asian scam groups, global 'Pig Butchering' schemes, and more. Among them, Binance, after pleading guilty and paying a $4.3 billion fine, continued to accept over $400 million in transfers from high-risk entities like Huione. The report also states that Trump signed a $2 billion cooperation agreement with Binance and pardoned its founder, Changpeng Zhao, raising concerns about lax enforcement.