Cross-chain money laundering reaches $22 billion
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The total value laundered through cross-chain crime – which we define as the anonymous swapping of illicit funds through decentralized exchanges (DEXs), cross-chain bridges or no-KYC coin swap services – has exceeded $21.8 billion, driven by threat actors such as North Korean cyber threat actors, sanctioned entities, scams and dark web entities.
This represents nearly a three-fold increase in the last two years, and underscores why it is critical for investigators and compliance analysts to leverage analytic capabilities that enable the real-time detection and disruption of cross-chain crime.
Our latest analysis, released in our new report “The State of Cross-Chain Crime 2025”, confirms that “chain-hopping” – the rapid swapping of illicit crypto, often back and forth between different assets or blockchains – has fast become a mainstream money laundering typology. Criminals and threat actors can leverage cross-chain money laundering services more readily than ever before, owing to the growing availability and ease …
This represents nearly a three-fold increase in the last two years, and underscores why it is critical for investigators and compliance analysts to leverage analytic capabilities that enable the real-time detection and disruption of cross-chain crime.
Our latest analysis, released in our new report “The State of Cross-Chain Crime 2025”, confirms that “chain-hopping” – the rapid swapping of illicit crypto, often back and forth between different assets or blockchains – has fast become a mainstream money laundering typology. Criminals and threat actors can leverage cross-chain money laundering services more readily than ever before, owing to the growing availability and ease …