TL;DR

• Cryptocurrency flows to suspected human trafficking services, largely based in Southeast Asia, grew 85% in 2025, reaching a scale of hundreds of millions across identified services.
• Telegram-based “international escort” services show sophisticated integration with Chinese-language money laundering networks (CMLNs) and guarantee platforms, with nearly half of transactions exceeding $10,000.
• Analysis reveals global reach of Southeast Asian trafficking operations, with significant cryptocurrency flows from destinations across the Americas, Europe, and Australia.
• CSAM networks have evolved to subscription-based models and show increasing overlap with sadistic online extremism (SOE) communities, while strategic use of…