The Coin Laundry

An investigation by The International Consortium of Investigative Journalists traced tens of thousands of transactions and found major crypto trading platforms awash with dirty money.

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THE COIN LAUNDRY NEWS

The Coin Laundry | Major Indian crypto platforms claim full compliance, walk trust fault lines

November 19, 2025 7:57 pm

While many of them play down the trend as a common practice with fintech startups for the “ease of raising capital” through a holding company located in a convenient jurisdiction, some conceded it was due to “other considerations”.

27 crypto exchanges under Govt lens: 2,872 victims, Rs 600 crore

The Coin Laundry | 27 crypto exchanges in Govt crosshairs: Over 2800 victims, Rs 600 crore laundered in 21 months

November 18, 2025 10:12 am

Officials say just tip of iceberg, Indian virtual asset industry battles real-world challenges.

The Coin Laundry | Hall of shame: Haldwani man in US net, Haryana businessman who stole $37 mn

November 18, 2025 10:12 am

These are just some of the mega crypto scams allegedly involving Indian operators that were busted by agencies.

An image on Vladimir Okhotnikov's Instagram handle shows him (right) and Disha Patani and Kevin Spacey

The Coin Laundry | Meet Lado, crypto-accused behind Disha Patani film, Musk mom’s party

November 17, 2025 1:41 pm

Probe agencies in 4 continents cracking down on his ponzi schemes

Explained | Amid poor guardrails, Indian crypto market stood at $2.6 bn in 2024, could grow to $15 bn by 2035

November 18, 2025 11:05 am

While trading in cryptocurrencies is not illegal in India, they are not recognised as legal tender, and their use is largely restricted to investment instruments.

The Coin Laundry | Regulatory haze: Bank services, govt taxes, but no governing law

November 17, 2025 1:15 pm

Double whammy of 30% tax on capital gains and 1% TDS has pushed exchanges to shift base and crashed daily volumes by 97%

This case involves a hawala operator who funelled about Rs 1.30 crore in cash derived from cybercrimes, which finally ended up with Chinese networks engaged in online investment frauds, financial traps and illegal gambling.

The Coin Laundry | Agencies track trail: India to China via Dubai and Cambodia

November 17, 2025 1:16 pm

Sources told this newspaper that I4C has traced the footprints of these cyber-financial flows to five countries: Pakistan, China, Dubai (UAE), Cambodia and Myanmar.

The Coin Laundry | New crypto adds many blindfolds to old hawala

November 17, 2025 1:43 pm

This grey zone cutting across borders has brought anonymity and ramped up efficiency to hawala’s trust-based network of faceless individuals operating outside the formal banking system.

The Coin Laundry | After tax havens, dirty money finds a new home: Cryptocurrency

November 17, 2025 1:44 pm

The I4C analysed at least 144 cases over the past three years and came across a murky trail through which cryptocurrency is used to funnel money stolen through cyber crimes to transnational syndicates.