6 articles on this subject, from across the site.
Criminals use mixers, DeFi protocols and NFT flipping to disguise stolen cryptocurrency as legitimate gains, but law enforcement increasingly tracks them through blockchain analysis and heuristic tagging.
Criminals convert illicit funds to crypto, use mixers and privacy coins to obscure the trail, then layer transactions through NFTs and decentralised finance platforms before cashing out as clean money.
Criminals use crypto mixers, NFTs, decentralised finance platforms and privacy coins to hide the origin of stolen or illicit money, exploiting gaps in global regulation and enforcement.
Money laundering converts illicit wealth into seemingly legitimate assets through placement, layering and integration stages, using shell companies, offshore accounts and luxury purchases.
Kleptocrats move embezzled money through shell companies and secrecy jurisdictions, inflating property prices globally and starving public services in their home countries.
Major cases involving Russian oligarchs, Malaysia's 1MDB scandal, Nigerian and Equatorial Guinean officials, and Uzbek elites show how kleptocrats hide billions. Countries now use sanctions, asset freezes, transparency registers and unexplained wealth orders to fight back.
