Binance no longer discloses how quickly it answers law-enforcement requests, leaving its record tally of 313,653 requests unable to address investigators' claims that the crypto exchange has become slower to cooperate, The Coinformer found by comparing the company's public compliance reports, law-enforcement guidelines and 2023 FinCEN settlement order.
Binance's public compliance numbers have lost a crucial detail just as European investigators accuse the company of making financial crime cases more difficult.
- Police officers from five European countries said they had struggled to obtain information from Binance except in cases involving terrorism, child sexual abuse or an imminent threat to life, The New York Times reported on July 28.
Binance denied reducing its cooperation. Noah Perlman, the exchange's chief compliance officer, told the NYT that "in some cross-border cases, foreign law enforcement may be directed to the appropriate formal legal process."
That can mean using a mutual legal assistance treaty, a government-to-government procedure for obtaining evidence held abroad. Such requests can take much longer than contacting an exchange directly.
The missing speed metric
A review by The Coinformer of Binance's compliance disclosures found that the exchange previously used response time to demonstrate its effectiveness.
- In October 2023, Binance said it had assisted with more than 103,000 law-enforcement requests over three years and responded within "three days response time, which is faster than most traditional financial institutions."
- Its latest compliance report, published on June 29, says Binance handled 72,632 requests in 2025 and another 36,235 through June 2026. The all-time total reached 313,653. That equals roughly 200 requests per day.
- However, the report doesn't provide an average response time, completion rate, rejection count or country breakdown.
- It also doesn't define whether a "handled" request produced records, a refusal or merely an initial response.
FinCEN previously flagged delays
The current complaints echo an earlier finding by the Financial Crimes Enforcement Network, the U.S. Treasury's anti-money-laundering bureau.
In its November 21, 2023, consent order, FinCEN said Binance had tried to make American agents sign liability waivers before complying with subpoenas.
- "Processes that effectively deny, or delay" lawful access "are incompatible with an effective AML policy," FinCEN wrote. The regulator said Binance kept that restriction through at least August 2021.
Binance's current public guidelines say access to its request portal is generally approved within three business days but set no deadline for delivering account records.