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Inside the 45-Day Laundering Machine

Inside the 45-Day Laundering Machine

Key Takeaways

Six Years, More Than $16 Billion Gone

Crypto theft is no longer a phase that the digital asset industry is slowly getting out of but an industry unto itself. To this point, over the past half a decade alone, onchain sleuths have counted ballooning stolen totals ($3.7 billion in 2022, $1.7 billion in 2023, $2.2 billion in 2024, and $3.4 billion in 2025), figures that have shown no signs of stopping.

In fact, it bears mentioning that nearly half of…

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