<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>加密貨幣洗錢不再集中於大型中心化交易所。相反，非正式的中文網絡在幫助犯罪分子轉移和掩飾非法資金方面發揮着越來越重要的作用。</p>
<p>Chainalysis 的一份新報告顯示，自 2020 年以來，這些網絡迅速擴展，重塑了全球鏈上洗錢生態系統。</p>
<p>這些網絡通過中文在線渠道運作，並提供洗錢服務。</p>
<p>它們依賴於洗錢騾子、非正式的場外交易台和賭博平台來混合、交換和轉移加密貨幣。</p>
<p>Chainalysis 表示，這一轉變反映了交易所合規性加強和基於服務的洗錢模式日益複雜化。</p>
<h2>為什麼交易所的使用減少</h2>
<p>近年來，中心化加密交易所加強了客户檢查和交易監控。</p>
<p>全球監管壓力增加，迫使平台改善控制並與當局更緊密合作。</p>
<p>因此，交易所現在更能檢測可疑活動並凍結與非法交易相關的資金。</p>
<p>Chainalysis 表示，這使得交易所對犯罪分子吸引力下降。</p>
<p>在合規平台上持有的資金面臨被鎖定或沒收的更高風險，推動洗錢活動轉向監管較少的渠道。</p>
<p>隨着時間的推移，這導致交易所作為洗錢終端的使用穩步下降。</p>
<p>相比之下，運作在傳統合規框架之外的非正式網絡提供了更多靈活性。</p>
<p>它們允許用户在更少的檢查下轉移資金，通常結合多種服務以模糊交易軌跡。</p>
<h2>中文網絡如何佔據主導</h2>
<p>根據 Chainalysis 的説法，中文洗錢網絡大約在 2020 年初 COVID-19 疫情開始時開始出現。</p>
<p>自那時以來，它們迅速增長，現在主導已知的加密貨幣洗錢活動。</p>
<p>在過去五年中，這些網絡處理了大約 20% 的追蹤到的非法加密流動。</p>
<p>Chainalysis 表示，這一增長與基於交易所的洗錢下降相吻合，突顯了犯罪行為的明顯轉變。</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>在我們 2026 年加密犯罪報告的下一章預覽中，我們將探討中文洗錢網絡在 2025 年處理了 161 億美元的非法加密資金（約每天 4400 萬美元，涉及 1799 個以上的活躍錢包）。在這裏閲讀完整分析：</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>閲讀 4 條回覆</p>
<p>增長率極為驚人。自 2020 年以來，流入已識別的中文網絡的資金增長速度比流入中心化交易所的資金快 7325 倍。</p>
<p>與其他洗錢終端相比，這些網絡以更快的速度擴展，得益於它們能夠跨境運作並提供捆綁服務。</p>
<p>許多這些服務通過中文消息渠道進行廣告，運營商在其中連接買賣雙方，協調洗錢騾子，並通過賭博平台或非正式交易台轉移資金。</p>
<h2>數據顯示的規模</h2>
<p>更廣泛的鏈上洗錢生態系統隨着這些網絡的崛起而急劇擴展。</p>
<p>Chainalysis 估計，2025 年通過加密貨幣洗錢的非法資金超過 820 億美元，較 2020 年的 100 億美元大幅增加。</p>
<p>中文網絡佔據了其中約 160 億美元，相當於每天約 4400 萬美元。</p>
<p>Chainalysis 表示，這一增長反映了加密資產的可獲取性和流動性日益增強，降低了用户和服務提供商的門檻。</p>
<p>報告還指出，洗錢的促進者發生了結構性轉變。</p>
<p>犯罪分子不再依賴大型平台，而是轉向提供跨多個區塊鏈和交易類型的定製服務的專業供應商。</p>
<h2>為什麼執法難以跟上</h2>
<p>Chainalysis 表示，打擊這些網絡需要與傳統執法努力不同的方法。</p>
<p>單獨針對個別交易的打擊不太可能有效，因為服務型洗錢的規模和組織性。</p>
<p>報告強調了犯罪分子與執法機構之間技術能力的差距在擴大。</p>
<p>雖然區塊鏈追蹤公司在某些情況下提供了幫助，但 Chainalysis 表示，目前的努力僅佔所需工作的很小一部分。</p>
<p>更關注識別運營商、供應商和廣告場所被認為是關鍵，同時需要更好的跨境信息共享。</p>
<p>隨着洗錢變得更加去中心化和服務驅動，執法策略需要相應調整。</p>
<p>這篇文章的標題為《為什麼加密洗錢正在轉向中文網絡》，首次發佈在 Invezz 上。</p>

<p>加密貨幣洗錢正從集中交易所轉向非正式的中文網絡，這些網絡自 2020 年以來迅速擴張。Chainalysis 的一份報告顯示，這些網絡現在主導着非法加密貨幣流動，預計到 2025 年處理約 160 億美元的資金。這一增長歸因於交易所合規要求的加強，迫使犯罪分子轉向監管較少的渠道。這些網絡通過 “洗錢騾子” 和賭博平台提供洗錢服務，使其對非法活動更具吸引力。執法機構在跟上這些複雜且去中心化的洗錢操作方面面臨挑戰</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>加密貨幣洗錢不再集中於大型中心化交易所。相反，非正式的中文網絡在幫助犯罪分子轉移和掩飾非法資金方面發揮着越來越重要的作用。</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 的一份新報告顯示，自 2020 年以來，這些網絡迅速擴展，重塑了全球鏈上洗錢生態系統。</p>
</div><p>These networks operate through Chinese-speaking online channels and offer laundering as a service.</p>
<div class="lb-trans"><p>這些網絡通過中文在線渠道運作，並提供洗錢服務。</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>它們依賴於洗錢騾子、非正式的場外交易台和賭博平台來混合、交換和轉移加密貨幣。</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，這一轉變反映了交易所合規性加強和基於服務的洗錢模式日益複雜化。</p>
</div><h2>Why exchanges are being used less</h2>
<div class="lb-trans"><h2>為什麼交易所的使用減少</h2>
</div><p>Centralised crypto exchanges have stepped up customer checks and transaction monitoring in recent years.</p>
<div class="lb-trans"><p>近年來，中心化加密交易所加強了客户檢查和交易監控。</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>全球監管壓力增加，迫使平台改善控制並與當局更緊密合作。</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，交易所現在更能檢測可疑活動並凍結與非法交易相關的資金。</p>
</div><p>Chainalysis said this has made exchanges less attractive to criminals.</p>
<div class="lb-trans"><p>Chainalysis 表示，這使得交易所對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>在合規平台上持有的資金面臨被鎖定或沒收的更高風險，推動洗錢活動轉向監管較少的渠道。</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>隨着時間的推移，這導致交易所作為洗錢終端的使用穩步下降。</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，運作在傳統合規框架之外的非正式網絡提供了更多靈活性。</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>它們允許用户在更少的檢查下轉移資金，通常結合多種服務以模糊交易軌跡。</p>
</div><h2>How Chinese-language networks took hold</h2>
<div class="lb-trans"><h2>中文網絡如何佔據主導</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>根據 Chainalysis 的説法，中文洗錢網絡大約在 2020 年初 COVID-19 疫情開始時開始出現。</p>
</div><p>Since then, they have grown quickly and now dominate known crypto money laundering activity.</p>
<div class="lb-trans"><p>自那時以來，它們迅速增長，現在主導已知的加密貨幣洗錢活動。</p>
</div><p>Over the past five years, these networks processed roughly 20% of tracked illicit crypto flows.</p>
<div class="lb-trans"><p>在過去五年中，這些網絡處理了大約 20% 的追蹤到的非法加密流動。</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，這一增長與基於交易所的洗錢下降相吻合，突顯了犯罪行為的明顯轉變。</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>在我們 2026 年加密犯罪報告的下一章預覽中，我們將探討中文洗錢網絡在 2025 年處理了 161 億美元的非法加密資金（約每天 4400 萬美元，涉及 1799 個以上的活躍錢包）。在這裏閲讀完整分析：</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>閲讀 4 條回覆</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>增長率極為驚人。自 2020 年以來，流入已識別的中文網絡的資金增長速度比流入中心化交易所的資金快 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>與其他洗錢終端相比，這些網絡以更快的速度擴展，得益於它們能夠跨境運作並提供捆綁服務。</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>許多這些服務通過中文消息渠道進行廣告，運營商在其中連接買賣雙方，協調洗錢騾子，並通過賭博平台或非正式交易台轉移資金。</p>
</div><h2>What the data shows about scale</h2>
<div class="lb-trans"><h2>數據顯示的規模</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>更廣泛的鏈上洗錢生態系統隨着這些網絡的崛起而急劇擴展。</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 估計，2025 年通過加密貨幣洗錢的非法資金超過 820 億美元，較 2020 年的 100 億美元大幅增加。</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>中文網絡佔據了其中約 160 億美元，相當於每天約 4400 萬美元。</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，這一增長反映了加密資產的可獲取性和流動性日益增強，降低了用户和服務提供商的門檻。</p>
</div><p>The report also pointed to a structural shift in who facilitates laundering.</p>
<div class="lb-trans"><p>報告還指出，洗錢的促進者發生了結構性轉變。</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>犯罪分子不再依賴大型平台，而是轉向提供跨多個區塊鏈和交易類型的定製服務的專業供應商。</p>
</div><h2>Why enforcement is struggling to keep up</h2>
<div class="lb-trans"><h2>為什麼執法難以跟上</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，打擊這些網絡需要與傳統執法努力不同的方法。</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>單獨針對個別交易的打擊不太可能有效，因為服務型洗錢的規模和組織性。</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>報告強調了犯罪分子與執法機構之間技術能力的差距在擴大。</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>雖然區塊鏈追蹤公司在某些情況下提供了幫助，但 Chainalysis 表示，目前的努力僅佔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>更關注識別運營商、供應商和廣告場所被認為是關鍵，同時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>隨着洗錢變得更加去中心化和服務驅動，執法策略需要相應調整。</p>
</div><p>The post Why crypto laundering is moving into Chinese-language networks appeared first on Invezz</p>
<div class="lb-trans"><p>這篇文章的標題為《為什麼加密洗錢正在轉向中文網絡》，首次發佈在 Invezz 上。</p>
</div>

Why crypto laundering is moving into Chinese-language networks

- 一項報告顯示，中文網絡在洗錢活動中逐漸崛起，轉移了資金。  
- 自 2020 年以來，洗錢服務的需求顯著增加，導致該網絡迅速擴張。  
- 2025 年，中文洗錢網絡處理了約 $16.1 億的非法加密資金。

為什麼加密貨幣洗錢活動正在轉向中文網絡