Chainalysis: Chinese-Language Crypto Laundering Networks Moved $16.1B in 2025

Chainalysis' 2026 Crypto Crime Report states that Chinese-language money laundering networks processed $16.1 billion in illicit crypto during 2025, averaging about $44 million per day across more than 1,799 active wallets. The report finds these networks now account for roughly 20% of known laundering activity and increasingly handle funds from pig butchering scams, highlighting a growing national security concern tied to crypto-enabled cross-border flows.