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Chinese police AI algorithm tracks bitcoin money laundering with 90% accuracy

Chinese police AI algorithm tracks bitcoin money laundering with 90% accuracy
South China Morning Post Sunday 02 August 2026, 02:00 UTC By Chao Kong 1 min read
Key Points

Chinese police AI algorithm tracks bitcoin money laundering with 90% accuracy AI framework uses a memory module and large language model to detect pseudonymous cross-border illegal trading practices in crypto crackdown Cryptocurrency transactions are growing rapidly, but their pseudonymous and cross-border nature can provide channels for money laundering and other illegal activities. It also “provides an innovative technological pathway for regulatory authorities to combat illicit...

Chinese police AI algorithm tracks bitcoin money laundering with 90% accuracy AI framework uses a memory module and large language model to detect pseudonymous cross-border illegal trading practices in crypto crackdown Cryptocurrency transactions are growing rapidly, but their pseudonymous and cross-border nature can provide channels for money laundering and other illegal activities. It also “provides an innovative technological pathway for regulatory authorities to combat illicit cryptocurrency transactions and economic crimes”, Sun, a researcher specialising in criminal investigation and cybersecurity, wrote. The May study, conducted by researchers from the People’s Public Security University of China, which is affiliated with the Ministry of Public Security, comes as authorities continue to focus on cryptocurrency-linked financial crime. In March, the Supreme People’s Procuratorate reported that prosecutors indicted 3,259 people in 2025 for money laundering involving virtual currencies and underground banks.
Chinese (ORG) AI (ORG) Sun (ORG) the People’s Public Security University of China (ORG) the Ministry of Public Security (ORG) the Supreme People’s Procuratorate (ORG)
Originally published by South China Morning Post Read original →

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