Crypto Thieves' 45-Day Money Laundering Cycle Exposed

A recent investigation into stolen cryptocurrency has shed light on a complex 45-day laundering machine. According to the findings, the illicit funds are funneled through various channels before being laundered.

The process begins with the theft of cryptocurrencies such as Bitcoin and altcoins from exchanges and wallets. The stolen assets are then transferred to mixers or tumblers, which break down the transactions into smaller amounts to disguise their origin.

These broken-down funds are then sent to a variety of online marketplaces, including darknet forums and social media platforms, where they are sold for fiat currency. This process takes approximately 45 days to complete.