Chainalysis says Chinese-language Telegram money‑laundering networks moved roughly $16 billion in 2025 (≈$44M/day) across about 1,800 wallets — ~20% of the $82B in crypto laundering recorded in 2025. These networks use escrow-style “guarantee” platforms (e.g., Huione, Xinbi); enforcement has disrupted hubs but vendors typically shift channels. Chainalysis also warns that criminals are increasingly using DEXes and cross‑chain bridges to obfuscate stolen funds.

Chainalysis reports Chinese Telegram-based networks processed ~$16B (≈20% of $82B) in 2025 and use escrow-style guarantee platforms; enforcement disrupts hubs but vendors shift channels. The report also says criminals are moving deeper into DeFi—using DEXes and cross-chain bridges—to make stolen funds harder to trace. These are factual findings indicating increased illicit activity and migration into harder-to-trace DeFi channels.