A global investigation has uncovered illicit cryptocurrency activities across major exchanges, revealing sophisticated methods used by criminals to launder money and evade sanctions. The probe, involving regulators and cybersecurity experts, identified the use of automated trading bots and mixers to facilitate these illegal transactions. Despite operating in jurisdictions with strict regulations, these exchanges have been found vulnerable to exploitation due to existing loopholes. The investigation, which included government agencies and watchdogs, traced these illicit flows through top exchanges, highlighting the need for enhanced global cooperation. Experts are advocating for real-time monitoring and improved compliance measures to effectively combat these criminal activities and strengthen the integrity of the cryptocurrency market.