Fast-Growing Chinese Crime Networks Launder 20% of Illicit Crypto: Chainalysis

Chainalysis reports that Chinese-language money laundering networks (CMLNs) grew into industrial-scale operations, laundering about $16.1 billion in 2025 via Telegram-based guarantee platforms, brokers, money mules, and other interconnected services; the analysis details six service types, rapid time-to-scale, ties to offline criminal infrastructure, and notes international law-enforcement responses and calls to improve cross-border coordination and law-enforcement crypto capabilities.