Crypto Money Laundering in China: New Data Exposes Rising Trend
Chinese criminal networks are increasingly turning to cryptocurrencies like Bitcoin and Tether to move and hide illegal funds, according to a new RUSI report. These groups are using crypto to launder money linked to global crimes, including the fentanyl trade, because digital assets make it easier to transfer large sums across borders. As authorities tighten regulations, the trend highlights the need for beginners to understand both the risks and the growing role of crypto in international crime. […]
