The J5 crime team has identified links between cryptocurrency trading desks and cryptocurrency payment processes to criminally obfuscate and move funds.

The Joint Chiefs of Global Tax Enforcement (J5) has published two law enforcement advisories highlighting the connections between over-the-counter (OTC) cryptocurrency trading desks, cryptocurrency payment processors and criminal activity.

From the J5’s estimates, it was suggested that OTC trading desks accounted for a large share of cryptocurrency trading activity, with daily trading activity totalling $1.44 billion compared to $74.51 million at cryptocurrency exchanges.

OTC trading desks were noted to be “platforms…