3 Things Coin Laundry: How crypto became a global hub for money laundering
Dec 26, 2025
Join investigative journalists Ritu Sarin, Soumyarendra Barik, and Jay Mazoomdar as they unravel the complex world of cryptocurrency and its dark side. Sarin reveals shocking findings about the role of crypto exchanges in facilitating money laundering. Barik discusses India's booming crypto market, particularly among Gen Z, while detailing the regulatory gray areas that allow this to thrive. Mazoomdar breaks down sophisticated money-laundering techniques like Havala 2.0, showing how crypto is evolving traditional practices. A must-listen for anyone curious about the nexus of finance and crime!
AI Snips
Chapters
Transcript
Episode notes
What Cryptocurrency Actually Is
- Cryptocurrency is a decentralized digital ledger built on blockchain technology that records transactions transparently on paper.
- Its value is driven by supply, demand, sentiment and geopolitics, making it highly volatile.
24/7 Market Fuels Youth Adoption
- Crypto markets operate 24/7/365 and promise quick gains, attracting risk-tolerant young investors.
- That constant trading window and volatility increase both appeal and risk for retail participants.
India's Broad Crypto Adoption
- India has seen grassroots crypto adoption with estimates near 120 million users and strong growth projections.
- Young people dominate investor demographics, with Gen Z and millennials making up the bulk of users on some platforms.