Real-time crypto laundering exposes CEX vulnerabilities — Report
Main Idea
A report reveals that stolen cryptocurrency is laundered rapidly, often before hacks are disclosed, highlighting vulnerabilities in centralized exchanges (CEXs) and the need for faster AML responses.
Key Points
1. Over $3.01 billion was stolen in 119 crypto hacks in the first half of 2025, exceeding the total for all of 2024.
2. In 23% of cases, laundering was completed before the hack became public, with some funds moved within seconds and fully laundered in under three minutes.
3. 31.1% of laundering was completed within 24 hours, while public disclosure of hacks took an average of 37 hours.
4. 15.1% of laundered crypto passed through CEXs, which are the most targeted entry point for attackers, responsible for 54.26% of total losses in 2025.
5. New legislation like the Genius Act imposes stricter AML and faster response requirements on exchanges and other VASPs.
Description
New data shows stolen crypto is laundered within minutes, often before hacks are even disclosed.
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