Chinese money laundering networks (CMLNs) are now the leading force in global money laundering, largely driven by illicit cryptocurrency transactions. According to Chainalysis, these networks handled 20% of the total money laundering activities over the past five years, with an estimated $16 billion processed last year alone. This surge has contributed to the overall money laundering market growing from $10 billion in 2020 to over $82 billion in 2022, highlighting a significant shift in how and by whom money is laundered. CMLNs are increasingly favored over centralized exchanges due to their ability to evade freezing of suspect funds. A notable statistic shows that money laundering inflows to CMLNs grew 7,325 times faster than those to centralized exchanges. The networks also outpaced decentralized finance (DeFi) and intra-illicit on-chain flows significantly, at 1,810 and 2,190 times faster, respectively. These networks have developed sophisticated methods for laundering money, as evidenced by their rapid establishment, with some services laundering over $1 billion just 236 days after launching. Chainalysis identified six main types of services used by CMLNs, which include point brokers that facilitate illicit fund transfers, money mule operations that obscure fund origins, and over-the-counter (OTC) services that bypass identity checks. Additionally, they noted the existence of gambling platforms that integrate crypto proceeds into the financial system and specialized vendors offering "swapping-as-a-service" to convert cryptocurrencies into various assets. These services often come with enticing marketing, including claims of "clean funds," appealing to those looking to launder money discreetly.