11/17/25

How Major Crypto Exchanges Moved Billions Linked to Crime

The Coin Laundry is a groundbreaking cross-border investigation that reveals how the major crypto exchanges profit from the proceeds of scams, drug trafficking, theft, and other crimes.

Led by the International Consortium of Investigative Journalists, media partners in 35 countries gathered and analyzed hundreds of cryptocurrency wallet addresses linked to known illicit activity.

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Cryptocurrency Exchanges, Explained — The Coin Laundry