In brief
- New research from the Global Initiative Against Transnational Organized Crime found that crypto is playing a “growing role” in criminal activity in the Western Balkans.
- The NGO found that tens of millions of euros linked to criminal networks from the region had been routed through crypto wallets.
- The Western Balkans has only three documented cases of crypto seizure, all of which occurred in the last few years.
Criminals are making increasing use of cryptocurrency in Western Balkan nations such as Albania and Serbia, according to research from the Global Initiative Against Transnational Organized Crime (GI-TOC).
Writing in one of two new risk bulletins for this month, the Geneva-based NGO found that seizing illicitly sourced…
May 15 2025
