>UK investigators say a sprawling criminal network laundered drug and trafficking profits into crypto, with some funds allegedly supporting Russian sanctions evasion and military activities.
>Operation Destabilise has resulted in 128 arrests and more than £25 million seized, including digital assets traced through blockchain analytics.
>Chainalysis told Sky News that public blockchains make crypto a “poor vehicle” for laundering, underscoring how transparency tools are helping dismantle cross-border crime networks.
This is one of the biggest problems for the full adoption of crypto.
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>UK investigators say a sprawling criminal network laundered drug and trafficking profits into crypto, with some funds allegedly supporting Russian sanctions evasion and military activities.
>Operation Destabilise has resulted in 128 arrests and more than £25 million seized, including digital assets traced through blockchain analytics.
>Chainalysis told Sky News that public blockchains make crypto a “poor vehicle” for laundering, underscoring how transparency tools are helping dismantle cross-border crime networks.
This is one of the biggest problems for the full adoption of crypto.