Real-time crypto laundering exposes CEX vulnerabilities — Report

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.