Crypto Money Laundering: Four Exchange Deposit Addresses Received Over $1 Billion in Illicit Funds in 2022
Money laundering in cryptocurrency typically involves two types of on-chain entities and services. Let’s look at some of the money laundering trends we saw in 2022.
Rinse and Repeat: Venture-Based Money Laundering in Web3
Criminal organizations are using this scheme to transform their illegal funds into seemingly-legitimate Web3 startups and reap high returns.
Mixers and Tumblers: Regulatory Overview and Use in Illicit Activities
The use of mixers and tumblers in various illicit activities such as money laundering and hacks is rapidly increasing.
