Money Laundering Picks Up Steam on DeFi Protocols: Chainalysis

And DeFi is not the only crypto-related money laundering method on the rise: Mining pools, high-risk exchanges and mixers also received an increased amount of crypto from wallets tied to criminal activity last year. However, Chainalysis’ research suggests the largest group of crypto criminals still prefer to launder their money the old fashioned way, through centralized exchanges.

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