Japan shows spike in crypto-associated money laundering from 2018

Although 2018 was home to an influx of regulatory action, it also saw an increase in crypto-related suspicious activities. Japan reportedly saw a major influx in crypto associated money laundering in 2018.
Increased nefarious totals
Last year, the National Police Agency (NPA) received more than 7,000 reported instances of suspected money laundering affiliated with cryptocurrencies, as reported by the Japan Times in a February 28th 2019 article.
April through December of 2017 only saw 6