Chinese-language money laundering networks processed an estimated $16.1 billion in illicit cryptocurrency in 2025, according to a new analysis published by blockchain intelligence firm Chainalysis.
The firm said these networks have become a major component of the global crypto laundering ecosystem, accounting for roughly 20% of known crypto money laundering activity tracked through on-chain flows.
Chainalysis describes rapid growth of specialized laundering infrastructure
Chainalysis reported that Chinese-language laundering networks operate as organized service providers, offering infrastructure designed to move and obscure illicit funds through digital asset markets.
The firm identified more than 1,799 active wallets associated with this ecosystem, highlighting its scale and operational maturity.
Report outlines multiple service types used to obscure Illicit flows
According to Chainalysis, these laundering networks provide a range of services that facilitate the movement of criminal proceeds, including fragmentation and over-the-counter aggregation structures.
The firm noted that the ecosystem includes several distinct service categories, with identifiable behavioral patterns visible through blockchain analysis.
Enforcement pressure has disrupted some activity
Chainalysis said enforcement actions targeting parts of these networks have caused disruptions, but operators often adapt by shifting routes or migrating activity rather than exiting entirely.
The report frames the networks as a persistent laundering layer within the broader illicit crypto economy.
Broader AML scrutiny continues to intensify
The findings come as regulators and law enforcement agencies globally continue increasing focus on anti-money laundering controls across exchanges, stablecoin intermediaries, and other digital asset service providers.
Chainalysis data is widely used in investigations tied to fraud, ransomware, sanctions evasion, and cross-border financial crime.
