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Chinese police AI algorithm tracks bitcoin money laundering with 90% accuracy




Researchers from China’s national police academy have developed an AI framework that can detect illicit cryptocurrency transactions with nearly 90 per cent overall accuracy, according to a recent study.
Cryptocurrency transactions are growing rapidly, but their pseudonymous and cross-border nature can provide channels for money laundering and other illegal activities.
In an article published in the peer-reviewed Chinese publication Journal of Intelligence, corresponding author Dr Sun Jingchao…



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