Chainalysis, a blockchain analysis firm, has released a report highlighting the increasing complexity of money laundering techniques in the crypto ecosystem. The report reveals that billions are flowing from illicit wallets to conversion services monthly, using advanced methods to obscure the funds' origins. Techniques include the use of intermediary wallets, or "hops," and stablecoins like Monero (XMR), making it difficult to trace the flow of funds. The report also indicates that over 50% of these funds end up at centralized exchanges, despite improved anti-money laundering programs. The findings underscore the need for advancements in blockchain analysis tools and consistent regulatory measures.