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Global crypto crime escalates through organized laundering networks
Authorities warn Chinese language laundering networks are driving a global crypto crime surge, forcing regulators and exchanges to strengthen compliance, monitoring, and cross border enforcement.
Cryptocurrency crime is surging as sophisticated Chinese language money laundering networks expand globally, exploiting exchanges, stablecoins, and decentralized platforms. Investigators report these groups specialize in scam proceeds, pig butchering schemes, and illicit OTC brokers. Weak compliance, cross border anonymity, and rapid settlement enable laundering at scale. Regulators warn coordinated enforcement and better blockchain analytics are critical to disrupting these criminal ecosystems worldwide, increasingly complex operations.