Overview

• FIU logged 8,700 crypto-related suspicious activity reports in 2024, representing 3.3 percent of its total and the highest share on record.
• The agency processed nearly 266,000 suspicious transaction reports and produced about 88,000 analysis briefs for law enforcement, marking an 8 percent increase from 2023.
• FIU head Daniel Thelesklaf warned that digital currency transactions have become a frequent starting point for sophisticated money laundering probes.
• A recent investigation revealed a cross-border fraud network that used 44 bank accounts, eight cryptocurrency exchange accounts and forged identities to move illicit funds.
• The FIU emphasized that strengthened international cooperation is essential to dismantle complex cryptocurrency money laundering schemes.