Crypto money laundering rises 30%, report finds

Criminals laundered $8.6bn (£6.4bn) of cryptocurrency in 2021, up by 30% from the previous year, a report by blockchain data company Chainalysis says.

It says police could strike a “huge blow” by targeting key services used to launder cryptocurrency by criminals.

The company previously estimated criminals received a record $14bn in cryptocurrencies in 2021.

The UK’s National Crime Agency (NCA) told the BBC law forces are responding.

–BBC

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