Multi-Chain Laundering

Definition ∞ Multi-Chain Laundering is the illicit process of disguising the origins of illegally obtained digital assets by moving them across multiple distinct blockchain networks. This method aims to obscure the transaction trail, making it more difficult for authorities to trace the funds. It leverages the interoperability of various blockchain ecosystems.
Context ∞ Multi-chain laundering poses a significant challenge for law enforcement and compliance efforts in the digital asset space. Regulatory bodies and blockchain analytics firms are developing advanced tools and collaborative strategies to track illicit funds across different chains, aiming to counter this evolving method of financial crime.