How ICIJ traced Huione Group funds to major crypto exchanges
An increasing number of governments are starting to shift their investment policies to include digital assets. The largest centralized exchanges, key intermediaries in the cryptocurrency world, process trillions of dollars’ worth of trades every year. There are now hundreds of millions of addresses on some of the most widely used blockchains.
But while cryptocurrency is becoming embedded in the traditional finance system, it has also become central to industrial-scale scam operations, fraud and other crimes. For The Coin Laundry, the latest investigation by the International Consortium of Investigative Journalists with 37 media partners in 35 countries, ICIJ’s data team analyzed tens of thousands of crypto transactions…
