Blockchain intelligence agency Elliptic releases an analysis report revealing five new types of compliance risks brought by cryptocurrency transactions, including drug cartel money laundering, Southeast Asian "pig butchering" social engineering scams, cross-chain mixing and money laundering, evasion of international sanctions, and nation-state cyber theft (such as Lazarus hacking group).


Data shows that in recent years, illegal funds transferred through mixers, cross-chain bridges, and non-KYC exchanges have exceeded $21.8 billion, a threefold increase compared to 2023.
Elliptic warns that traditional single-chain screening can no longer address these challenges, and financial institutions must adopt multi-chain intelligence tracking techniques to prevent compliance gaps and sanction risks.
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