<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2026/01/20260128_1354_Image-Generation_simple_compose_01kg1v8ajhf438n2j2ph88fyp1.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2026/01/20260128_1354_Image-Generation_simple_compose_01kg1v8ajhf438n2j2ph88fyp1.png"/></p>
<p>加密货币洗钱不再集中于大型中心化交易所。相反，非正式的中文网络在帮助犯罪分子转移和掩饰非法资金方面发挥着越来越重要的作用。</p>
<p>Chainalysis 的一份新报告显示，自 2020 年以来，这些网络迅速扩展，重塑了全球链上洗钱生态系统。</p>
<p>这些网络通过中文在线渠道运作，并提供洗钱服务。</p>
<p>它们依赖于洗钱骡子、非正式的场外交易台和赌博平台来混合、交换和转移加密货币。</p>
<p>Chainalysis 表示，这一转变反映了交易所合规性加强和基于服务的洗钱模式日益复杂化。</p>
<h2>为什么交易所的使用减少</h2>
<p>近年来，中心化加密交易所加强了客户检查和交易监控。</p>
<p>全球监管压力增加，迫使平台改善控制并与当局更紧密合作。</p>
<p>因此，交易所现在更能检测可疑活动并冻结与非法交易相关的资金。</p>
<p>Chainalysis 表示，这使得交易所对犯罪分子吸引力下降。</p>
<p>在合规平台上持有的资金面临被锁定或没收的更高风险，推动洗钱活动转向监管较少的渠道。</p>
<p>随着时间的推移，这导致交易所作为洗钱终端的使用稳步下降。</p>
<p>相比之下，运作在传统合规框架之外的非正式网络提供了更多灵活性。</p>
<p>它们允许用户在更少的检查下转移资金，通常结合多种服务以模糊交易轨迹。</p>
<h2>中文网络如何占据主导</h2>
<p>根据 Chainalysis 的说法，中文洗钱网络大约在 2020 年初 COVID-19 疫情开始时开始出现。</p>
<p>自那时以来，它们迅速增长，现在主导已知的加密货币洗钱活动。</p>
<p>在过去五年中，这些网络处理了大约 20% 的追踪到的非法加密流动。</p>
<p>Chainalysis 表示，这一增长与基于交易所的洗钱下降相吻合，突显了犯罪行为的明显转变。</p>
<p><img src="https://imageproxy.pbkrs.com/https://pbs.twimg.com/profile_images/1413251511166148608/cIoTd6IF_normal.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://pbs.twimg.com/profile_images/1413251511166148608/cIoTd6IF_normal.jpg"/></p>
<p>在我们 2026 年加密犯罪报告的下一章预览中，我们将探讨中文洗钱网络在 2025 年处理了 161 亿美元的非法加密资金（约每天 4400 万美元，涉及 1799 个以上的活跃钱包）。在这里阅读完整分析：</p>
<p><img src="https://imageproxy.pbkrs.com/https://pbs.twimg.com/media/G_q8_csXMAA4Hyg/query-Zm9ybWF0PWpwZyZuYW1lPXNtYWxs?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://pbs.twimg.com/media/G_q8_csXMAA4Hyg/query-Zm9ybWF0PWpwZyZuYW1lPXNtYWxs"/></p>
<p>2026 年 1 月 27 日 6:20 PM</p>
<p>阅读 4 条回复</p>
<p>增长率极为惊人。自 2020 年以来，流入已识别的中文网络的资金增长速度比流入中心化交易所的资金快 7325 倍。</p>
<p>与其他洗钱终端相比，这些网络以更快的速度扩展，得益于它们能够跨境运作并提供捆绑服务。</p>
<p>许多这些服务通过中文消息渠道进行广告，运营商在其中连接买卖双方，协调洗钱骡子，并通过赌博平台或非正式交易台转移资金。</p>
<h2>数据显示的规模</h2>
<p>更广泛的链上洗钱生态系统随着这些网络的崛起而急剧扩展。</p>
<p>Chainalysis 估计，2025 年通过加密货币洗钱的非法资金超过 820 亿美元，较 2020 年的 100 亿美元大幅增加。</p>
<p>中文网络占据了其中约 160 亿美元，相当于每天约 4400 万美元。</p>
<p>Chainalysis 表示，这一增长反映了加密资产的可获取性和流动性日益增强，降低了用户和服务提供商的门槛。</p>
<p>报告还指出，洗钱的促进者发生了结构性转变。</p>
<p>犯罪分子不再依赖大型平台，而是转向提供跨多个区块链和交易类型的定制服务的专业供应商。</p>
<h2>为什么执法难以跟上</h2>
<p>Chainalysis 表示，打击这些网络需要与传统执法努力不同的方法。</p>
<p>单独针对个别交易的打击不太可能有效，因为服务型洗钱的规模和组织性。</p>
<p>报告强调了犯罪分子与执法机构之间技术能力的差距在扩大。</p>
<p>虽然区块链追踪公司在某些情况下提供了帮助，但 Chainalysis 表示，目前的努力仅占所需工作的很小一部分。</p>
<p>更关注识别运营商、供应商和广告场所被认为是关键，同时需要更好的跨境信息共享。</p>
<p>随着洗钱变得更加去中心化和服务驱动，执法策略需要相应调整。</p>
<p>这篇文章的标题为《为什么加密洗钱正在转向中文网络》，首次发布在 Invezz 上。</p>

<p>加密货币洗钱正从集中交易所转向非正式的中文网络，这些网络自 2020 年以来迅速扩张。Chainalysis 的一份报告显示，这些网络现在主导着非法加密货币流动，预计到 2025 年处理约 160 亿美元的资金。这一增长归因于交易所合规要求的加强，迫使犯罪分子转向监管较少的渠道。这些网络通过 “洗钱骡子” 和赌博平台提供洗钱服务，使其对非法活动更具吸引力。执法机构在跟上这些复杂且去中心化的洗钱操作方面面临挑战</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2026/01/20260128_1354_Image-Generation_simple_compose_01kg1v8ajhf438n2j2ph88fyp1.png" alt="" original-src="https://invezz.com/wp-content/uploads/2026/01/20260128_1354_Image-Generation_simple_compose_01kg1v8ajhf438n2j2ph88fyp1.png"/></p>
<p>Crypto money laundering is no longer centred on large, centralised exchanges. Instead, informal Chinese-language networks are playing a growing role in helping criminals move and disguise illicit funds.</p>
<div class="lb-trans"><p>加密货币洗钱不再集中于大型中心化交易所。相反，非正式的中文网络在帮助犯罪分子转移和掩饰非法资金方面发挥着越来越重要的作用。</p>
</div><p>A new report from Chainalysis shows how these networks have expanded rapidly since 2020, reshaping the global on-chain laundering ecosystem.</p>
<div class="lb-trans"><p>Chainalysis 的一份新报告显示，自 2020 年以来，这些网络迅速扩展，重塑了全球链上洗钱生态系统。</p>
</div><p>These networks operate through Chinese-speaking online channels and offer laundering as a service.</p>
<div class="lb-trans"><p>这些网络通过中文在线渠道运作，并提供洗钱服务。</p>
</div><p>They rely on money mules, informal over-the-counter trade desks, and gambling platforms to mix, swap, and move crypto.</p>
<div class="lb-trans"><p>它们依赖于洗钱骡子、非正式的场外交易台和赌博平台来混合、交换和转移加密货币。</p>
</div><p>Chainalysis said the shift reflects both tougher compliance at exchanges and the increasing sophistication of service-based laundering models.</p>
<div class="lb-trans"><p>Chainalysis 表示，这一转变反映了交易所合规性加强和基于服务的洗钱模式日益复杂化。</p>
</div><h2>Why exchanges are being used less</h2>
<div class="lb-trans"><h2>为什么交易所的使用减少</h2>
</div><p>Centralised crypto exchanges have stepped up customer checks and transaction monitoring in recent years.</p>
<div class="lb-trans"><p>近年来，中心化加密交易所加强了客户检查和交易监控。</p>
</div><p>Regulatory pressure has increased globally, forcing platforms to improve controls and cooperate more closely with authorities.</p>
<div class="lb-trans"><p>全球监管压力增加，迫使平台改善控制并与当局更紧密合作。</p>
</div><p>As a result, exchanges are now better equipped to detect suspicious activity and freeze funds linked to illicit transactions.</p>
<div class="lb-trans"><p>因此，交易所现在更能检测可疑活动并冻结与非法交易相关的资金。</p>
</div><p>Chainalysis said this has made exchanges less attractive to criminals.</p>
<div class="lb-trans"><p>Chainalysis 表示，这使得交易所对犯罪分子吸引力下降。</p>
</div><p>Funds held on compliant platforms face a higher risk of being locked or seized, pushing laundering activity toward less regulated channels.</p>
<div class="lb-trans"><p>在合规平台上持有的资金面临被锁定或没收的更高风险，推动洗钱活动转向监管较少的渠道。</p>
</div><p>Over time, this has led to a steady decline in the use of exchanges as laundering endpoints.</p>
<div class="lb-trans"><p>随着时间的推移，这导致交易所作为洗钱终端的使用稳步下降。</p>
</div><p>In contrast, informal networks operating outside traditional compliance frameworks offer more flexibility.</p>
<div class="lb-trans"><p>相比之下，运作在传统合规框架之外的非正式网络提供了更多灵活性。</p>
</div><p>They allow users to move funds with fewer checks, often combining multiple services to obscure transaction trails.</p>
<div class="lb-trans"><p>它们允许用户在更少的检查下转移资金，通常结合多种服务以模糊交易轨迹。</p>
</div><h2>How Chinese-language networks took hold</h2>
<div class="lb-trans"><h2>中文网络如何占据主导</h2>
</div><p>According to Chainalysis, Chinese-language laundering networks began to emerge around the start of the COVID-19 pandemic in early 2020.</p>
<div class="lb-trans"><p>根据 Chainalysis 的说法，中文洗钱网络大约在 2020 年初 COVID-19 疫情开始时开始出现。</p>
</div><p>Since then, they have grown quickly and now dominate known crypto money laundering activity.</p>
<div class="lb-trans"><p>自那时以来，它们迅速增长，现在主导已知的加密货币洗钱活动。</p>
</div><p>Over the past five years, these networks processed roughly 20% of tracked illicit crypto flows.</p>
<div class="lb-trans"><p>在过去五年中，这些网络处理了大约 20% 的追踪到的非法加密流动。</p>
</div><p>Chainalysis said this rise coincided with the decline in exchange-based laundering, highlighting a clear shift in criminal behaviour.</p>
<div class="lb-trans"><p>Chainalysis 表示，这一增长与基于交易所的洗钱下降相吻合，突显了犯罪行为的明显转变。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://pbs.twimg.com/profile_images/1413251511166148608/cIoTd6IF_normal.jpg" alt="" original-src="https://pbs.twimg.com/profile_images/1413251511166148608/cIoTd6IF_normal.jpg"/></p>
<p>In the next preview chapter of our 2026 Crypto Crime Report, we examine how Chinese-language money laundering networks processed $16.1 billion in illicit crypto funds in 2025 (about $44 million per day across 1,799+ active wallets).Read the full analysis here:</p>
<div class="lb-trans"><p>在我们 2026 年加密犯罪报告的下一章预览中，我们将探讨中文洗钱网络在 2025 年处理了 161 亿美元的非法加密资金（约每天 4400 万美元，涉及 1799 个以上的活跃钱包）。在这里阅读完整分析：</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://pbs.twimg.com/media/G_q8_csXMAA4Hyg/query-Zm9ybWF0PWpwZyZuYW1lPXNtYWxs" alt="" original-src="https://pbs.twimg.com/media/G_q8_csXMAA4Hyg?format=jpg&amp;name=small"/></p>
<p>6:20 PM · Jan 27, 2026</p>
<div class="lb-trans"><p>2026 年 1 月 27 日 6:20 PM</p>
</div><p>Read 4 replies</p>
<div class="lb-trans"><p>阅读 4 条回复</p>
</div><p>The growth rate has been extreme. Since 2020, inflows to identified Chinese-language networks grew 7,325 times faster than inflows to centralised exchanges.</p>
<div class="lb-trans"><p>增长率极为惊人。自 2020 年以来，流入已识别的中文网络的资金增长速度比流入中心化交易所的资金快 7325 倍。</p>
</div><p>Compared with other laundering endpoints, these networks have expanded at a far faster pace, driven by their ability to operate across borders and offer bundled services.</p>
<div class="lb-trans"><p>与其他洗钱终端相比，这些网络以更快的速度扩展，得益于它们能够跨境运作并提供捆绑服务。</p>
</div><p>Many of these services are advertised through Chinese-language messaging channels, where operators connect buyers and sellers, coordinate money mules, and route funds through gambling platforms or informal trading desks.</p>
<div class="lb-trans"><p>许多这些服务通过中文消息渠道进行广告，运营商在其中连接买卖双方，协调洗钱骡子，并通过赌博平台或非正式交易台转移资金。</p>
</div><h2>What the data shows about scale</h2>
<div class="lb-trans"><h2>数据显示的规模</h2>
</div><p>The broader on-chain money laundering ecosystem has expanded sharply alongside the rise of these networks.</p>
<div class="lb-trans"><p>更广泛的链上洗钱生态系统随着这些网络的崛起而急剧扩展。</p>
</div><p>Chainalysis estimates that more than $82 billion in illicit funds were laundered through crypto in 2025, up from $10 billion in 2020.</p>
<div class="lb-trans"><p>Chainalysis 估计，2025 年通过加密货币洗钱的非法资金超过 820 亿美元，较 2020 年的 100 亿美元大幅增加。</p>
</div><p>Chinese-language networks accounted for about $16 billion of that total, equivalent to roughly $44 million per day.</p>
<div class="lb-trans"><p>中文网络占据了其中约 160 亿美元，相当于每天约 4400 万美元。</p>
</div><p>Chainalysis said this growth reflects the increasing accessibility and liquidity of crypto assets, which has lowered barriers for both users and service providers.</p>
<div class="lb-trans"><p>Chainalysis 表示，这一增长反映了加密资产的可获取性和流动性日益增强，降低了用户和服务提供商的门槛。</p>
</div><p>The report also pointed to a structural shift in who facilitates laundering.</p>
<div class="lb-trans"><p>报告还指出，洗钱的促进者发生了结构性转变。</p>
</div><p>Instead of relying on large platforms, criminals are turning to specialised vendors that offer tailored services across multiple blockchains and transaction types.</p>
<div class="lb-trans"><p>犯罪分子不再依赖大型平台，而是转向提供跨多个区块链和交易类型的定制服务的专业供应商。</p>
</div><h2>Why enforcement is struggling to keep up</h2>
<div class="lb-trans"><h2>为什么执法难以跟上</h2>
</div><p>Chainalysis said tackling these networks will require a different approach from traditional enforcement efforts.</p>
<div class="lb-trans"><p>Chainalysis 表示，打击这些网络需要与传统执法努力不同的方法。</p>
</div><p>Targeting individual transactions is unlikely to be effective on its own, given the scale and organisation of service-based laundering.</p>
<div class="lb-trans"><p>单独针对个别交易的打击不太可能有效，因为服务型洗钱的规模和组织性。</p>
</div><p>The report highlighted a widening gap between the technical capabilities of criminals and those of law enforcement agencies.</p>
<div class="lb-trans"><p>报告强调了犯罪分子与执法机构之间技术能力的差距在扩大。</p>
</div><p>While blockchain tracing firms have helped in some cases, Chainalysis said current efforts represent only a small part of what is needed.</p>
<div class="lb-trans"><p>虽然区块链追踪公司在某些情况下提供了帮助，但 Chainalysis 表示，目前的努力仅占所需工作的很小一部分。</p>
</div><p>Greater focus on identifying operators, vendors, and advertising venues was flagged as critical, along with better information sharing across borders.</p>
<div class="lb-trans"><p>更关注识别运营商、供应商和广告场所被认为是关键，同时需要更好的跨境信息共享。</p>
</div><p>As laundering becomes more decentralised and service-driven, enforcement strategies will need to adapt accordingly.</p>
<div class="lb-trans"><p>随着洗钱变得更加去中心化和服务驱动，执法策略需要相应调整。</p>
</div><p>The post Why crypto laundering is moving into Chinese-language networks appeared first on Invezz</p>
<div class="lb-trans"><p>这篇文章的标题为《为什么加密洗钱正在转向中文网络》，首次发布在 Invezz 上。</p>
</div>

Why crypto laundering is moving into Chinese-language networks

- 一项报告显示，中文网络在洗钱活动中逐渐崛起，转移了资金。  
- 自 2020 年以来，洗钱服务的需求显著增加，导致该网络迅速扩张。  
- 2025 年，中文洗钱网络处理了约 $16.1 亿的非法加密资金。

为什么加密货币洗钱活动正在转向中文网络