How Do Ransomware Groups Launder Payments?

This blog reviews the rising ransomware threat and focuses on how ransomware operators convert ransom payments into usable funds, explaining the use of privacy coins (especially Monero), mixers/tumblers, CoinJoin transactions, and cryptocurrency chain-hopping; it cites ENISA findings that a small set of crypto addresses account for a large share of ransom flows and recommends targeting money launderers to disrupt ransomware activity.