Crypto Launderers Shift Tactics, Moving Away from Centralized Exchanges, Chainalysis Reports

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A new report from blockchain analysis firm Chainalysis reveals a significant shift in how illicit actors launder cryptocurrency. Launderers are increasingly abandoning centralized exchanges, which have bolstered their security and compliance measures, in favor of informal, service-based networks, particularly those operating through Chinese-language channels. This trend marks a notable evolution in the landscape of crypto-enabled financial crime.

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