Coin Laundry: How crypto became a global hub for money laundering

An investigation by The Indian Express, in partnership with the International Consortium of Investigative Journalists (ICIJ), has revealed how cryptocurrency has increasingly become a channel for money laundering, creating a shadow economy that regulators around the world are struggling to keep up with.In this episode, we speak with The Indian Express’s Ritu Sarin, Soumyarendra Barik, and Jay Mazoomdar, who led the India leg of Coin Laundry — a 10 month global investigation involving 113 reporters across 38 newsrooms, including The New York Times. They discuss how crypto exchanges have facilitated illicit transactions, the challenges this poses for law enforcement agencies, and why the Indian government has yet to pass legislation to regulate this industry.Hosted, written and produced by Shashank BhargavaEdited and mixed by Suresh Pawar