Blockchain intelligence firm Elliptic has released an analysis report revealing five new types of compliance risks brought by crypto transactions, including drug cartel money laundering, Southeast Asia's 'pig-butchering' social engineering scams, cross-chain mixing for money laundering, evasion of international sanctions, and state-sponsored cyber theft (e.g., the Lazarus hacking group). Data shows that in recent years, criminals have transferred over $21.8 billion in illicit funds through mixers, cross-chain bridges, and non-KYC exchanges, a threefold surge compared to 2023. Elliptic warns that traditional single-chain screening is no longer sufficient to tackle these challenges. Financial institutions must adopt multi-chain intelligence tracking technologies to prevent compliance loopholes and sanction risks. https://(wublock123.com)/news/elliptic-report-five-crypto-compliance-risks-218b-cross-chain-money-laundering-60196