Chinese Networks Handle 20% of Crypto Laundering, Chainalysis Reports
The networks operate primarily through Telegram-based platforms and affiliated guarantee services that function as escrow marketplaces.
Crypto News
Chinese-language money laundering networks processed $16 billion in illicit crypto during 2025, accounting for 20% of the $82 billion in total laundering activity recorded across the industry. Blockchain forensics firm Chainalysis released the findings Tuesday, showing these networks have grown thousands of times faster than traditional exchange-based laundering routes.
The networks operate primarily through Telegram-based platforms and affiliated guarantee services that function as escrow marketplaces. Chainalysis identified approximately 1,800 active wallets handling roughly $44 million…
