Chinese Crime Networks Implicated in Crypto Crimes Worth $16bn, Report Finds
Chinese crime networks have been linked to massive cryptocurrency crimes worth about $16 billion, according to a new report by blockchain analysis firm Chainalysis. The findings highlight how organized criminal groups are increasingly using digital currencies to move illegal money across borders while avoiding traditional banking systems. The report shows that Chinese-language money laundering networks handled around $16.1 billion in illicit crypto transactions in 2025. This accounts for nearly one-fifth of all global crypto crime during that year, making these networks one of the most powerful forces in the illegal crypto economy. The scale of the operations shows that this…