Proceeds of Crime

Definition ∞ Proceeds of Crime refers to any property, funds, or assets obtained directly or indirectly through illegal activities. In the context of digital assets, this includes cryptocurrencies acquired through fraud, hacking, money laundering, or other criminal enterprises. Law enforcement agencies actively seek to trace, freeze, and recover these assets.
Context ∞ News reports frequently cover instances where cryptocurrencies are identified as proceeds of crime, often detailing large-scale seizures by authorities. The pseudonymous nature of some digital asset transactions presents difficulties for tracing, but advanced forensic tools are increasingly effective. International cooperation against criminal misuse of crypto remains a significant focus for regulators and law enforcement.