The analytical platform Chainalysis reported that since 2019, about $100 billion worth of “dirty” cryptocurrency has been sent to crypto exchanges. At the same time, almost 30% of these assets ended up on sanctioned services.
According to the report, a third of the total volume of “dirty” cryptocurrency comes from sanctioned services, such as the Russian exchange Garantex. The rest is associated with darknet markets, fraud, ransomware, malware and network bridges.
Experts say that most of the illegal funds flowing through crypto services are now concentrated not in traditional cryptocurrencies such as Bitcoin or Ethereum, but in stablecoins. According to experts, international cooperation in the field of anti-money laundering (AML) measures is not producing the desired result.
Earlier, Chainalysis analysts reported that Sweden’s largest neo-Nazi terrorist group, the Nordic Resistance Movement, was able to collect cryptocurrency donations worth more than $92,000 over nine years.
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Source: Cryptocurrency
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