About $100 billion worth of "dirty" cryptocurrency has been sent to exchanges in the past five years. However, around one-third of this amount is attributed to sanctioned crypto services, while the remaining volume is mainly associated with darknet markets, fraud, ransomware, and malware activities (Chainalysis) (Morningstar).
Stablecoins make up most of these "questionable" transfers relative to the overall crypto market. Most "dirty" cryptocurrency ends up on the five largest crypto exchanges, but criminals also use DeFi applications, gambling sites, crypto mixers, and cross-chain bridges for money laundering (Chainalysis) (CoinCodex). Join Our Telegram Channel: https://t.me/+kI_xzMXkSyxlZGRk for more updates and recent news
