Chinese Money Laundering Networks Processed $16.1 Billion in Crypto
- In 2025, Chinese-language money laundering networks processed $16.1 billion in illegal cryptocurrency transactions.
- These transactions accounted for nearly 20% of the global underground economy.
- The report was conducted by blockchain analytics firm Chainalysis.
- Telegram channels were identified as key hubs for these laundering activities.
In a significant finding, Chinese-language networks funneled a substantial portion of illicit funds through cryptocurrency, highlighting the role of technology in facilitating illegal financial activities.
The $16.1 billion processed by these networks underscores their significant impact on the global underground economy, accounting for almost one-fifth of such activities worldwide. Source
