Crypto Exchanges, Money Laundering, and Victim Recovery: Legal Commentary on the ICIJ
The International Consortium of Investigative Journalists’ report “Crypto giants moved billions linked to money launderers, drug traffickers and North Korean hackers” reveals a troubling reality in today’s digital asset ecosystem: major cryptocurrency exchanges have been used to move illicit funds on a massive scale. The investigation highlights how platforms like Binance and OKX continued to facilitate high-risk transactions even after regulatory action and compliance oversight.
