Criminals laundered $8.6bn of cryptocurrency in 2021, up by 30% from the previous year, a report by blockchain data company Chainalysis says. The company previously estimated criminals received a record $14bn in cryptocurrencies in 2021. Chainalysis says it tracks cryptocurrency wallets controlled by criminals such as ransomware attackers, malware operators, scammers, human traffickers, dark net market operators, and terrorist groups. cryptocurrency is laundered through a limited number of services – for example, particular exchanges favoured by criminals – and shutting these could have a big impact.Is Crypto a money laundering network ?
