Bitcoin Involved in Increasing Cross-Chain Crypto Laundering Using Bridges and DEXs, Reports Suggest
2025-07-16 08:12:53
Main Idea
Cross-chain crypto laundering has surged to $21.8 billion in 2025, driven by bridges, DEXs, and coin swap services, with North Korea implicated in 12% of illicit crypto activities.
Key Points
1. Cross-chain laundering involves complex multi-chain sequences, with North Korean hackers laundering $75 million through Bitcoin, Ethereum, Arbitrum, Base, and Tron.
2. Decentralized exchanges (DEXs) are exploited to swap obscure tokens for stablecoins like USDT or USDC, bypassing KYC controls.
3. Coin swap services operate with minimal AML controls, often advertising on darknet forums and facilitating illicit gambling and scam networks.
4. Advanced laundering techniques use DEX aggregators and AMMs, blurring the line between DEXs and cross-chain services.
5. Technological advancements in blockchain analytics, such as Elliptic Investigator and Chainalysis Storyline, are improving cross-chain tracking capabilities.
Description
Crypto criminals are increasingly exploiting cross-chain tools such as bridges, decentralized exchanges (DEXs), and coin swap services to launder over $21.8 billion in illicit funds across multiple blockchains. This surge
Latest News
- Altcoins Rally Gains Momentum as Bitcoin Dominance Potentially Declines Below 64%2025-07-16 12:40:22
- Ethereum Price Rises Amid Public Companies Increasing ETH Treasury Holdings and Strategic Acquisitions2025-07-16 12:39:14
- Pandu Bitcoin ETF Set to Launch Trading on July 18 as Hong Kong’s First Approved Bitcoin ETF in 20242025-07-16 12:36:54
- Spot Ethereum ETFs See Sustained Inflows Led by BlackRock Amid Growing Institutional Interest2025-07-16 12:35:39
- Ethereum Shows Potential for Further Gains Against Bitcoin Amid Institutional Inflows and Technical Momentum2025-07-16 12:34:02