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Alarming Rise: Crypto Laundering Surges 211% via Cross-chain Swaps

2025-07-16 14:27:16

Main Idea

Crypto laundering via cross-chain swaps has surged by 211% over the past two years, with projections reaching $21.8 billion by 2025, prompting increased efforts by blockchain analytics firms to combat this trend.

Key Points

1. Crypto laundering through cross-chain swaps has increased by 211% in the last two years, with estimates suggesting it could reach $21.8 billion by 2025.

2. Cross-chain swaps, originally designed for interoperability, are being exploited by criminals to obscure the trail of illicit funds across multiple blockchain networks.

3. Blockchain analytics firms like Elliptic are developing advanced methodologies to track cross-chain flows and identify suspicious activities.

4. Collaboration between blockchain analytics providers, exchanges, and DeFi protocols is enhancing anti-money laundering (AML) and know-your-customer (KYC) measures.

5. The rise in crypto laundering highlights the need for continued innovation and collaboration to maintain financial integrity in the cryptocurrency space.

Description

BitcoinWorld Alarming Rise: Crypto Laundering Surges 211% via Cross-chain Swaps Are you invested in the world of digital assets? Then you need to be aware of a growing threat that impacts the integrity and future of the entire cryptocurrency ecosystem. A recent report from blockchain analytics firm Elliptic has unveiled an alarming trend: a dramatic surge in crypto laundering activities, particularly through sophisticated cross-chain methods. This isn’t just about small-time criminals anymore; i...

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Crypto News Blockchain Security crypto crime cyber threats DeFi Risks Financial crime
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