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Chinese Money Laundering Networks Dominate Global Illicit Cryptocurrency Flows

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Chinese money laundering networks (CMLNs) have become the dominant force in global illicit cryptocurrency flows, processing 20% of these funds over the past five years. The value of funds processed by CMLNs reached $16bn in 2025, contributing to a significant growth in the global money laundering ecosystem, which expanded from $10bn in 2020 to over $82bn in 2025. Chainalysis identified 1799 active on-chain wallets linked to CMLNs in 2025, categorizing them into six service types. These networks are increasingly preferred over centralized exchanges due to their ability to avoid fund freezes and have shown rapid growth, with some laundering over $1bn within 236 days of operation.

Timeline

  1. 28.01.2026 12:30 1 articles · 23h ago

    Chinese Money Laundering Networks Process $16bn in 2025

    Chinese money laundering networks (CMLNs) processed 20% of illicit cryptocurrency funds over the past five years, with the value of funds reaching $16bn in 2025. The global money laundering ecosystem grew from $10bn in 2020 to over $82bn in 2025. Chainalysis identified 1799 active on-chain wallets linked to CMLNs in 2025, categorizing them into six service types. These networks are increasingly preferred over centralized exchanges due to their ability to avoid fund freezes and have shown rapid growth, with some laundering over $1bn within 236 days of operation.

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