Crypto money laundering drops nearly 30% in 2023 as cyber criminals change tactics

Oluwapelumi Adejumo

Crypto money laundering experienced a significant decline of 29.5% in 2023 compared to the previous year, primarily due to a decrease in overall crypto transaction volume. According to a Chainalysis report, illicit addresses moved approximately $22.2 billion in digital assets to various crypto services in 2023, marking a notable drop from the $31.5 billion transferred […]

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Crypto money laundering drops nearly 30% in 2023 as cyber criminals change tactics