Chinese police researchers develop crypto laundering detection algorithm with 90% accuracy

Chinese researchers at the National Police University under the Ministry of Public Security have developed a detection algorithm framework that combines artificial intelligence and large language models to identify illegal money laundering and economic crimes involving virtual assets such as Bitcoin with around 90% accuracy, the South China Morning Post reported. According to China’s Supreme People’s Procuratorate, 3,259 people were prosecuted in 2025 alone on suspicion of money laundering involving virtual assets and underground finance.