Recommended reading

Reporting worth your time.

Independent journalism on fraud, laundering, and the money behind the scams. These are links to other people's work — we don't republish it, and we don't earn anything from it.

The Coin Dryer 23 min read

The DOJ's Deals with the Devils

God help us

By Jan Santiago Read article →
The Coin Dryer 17 min read

General Unsecured Creditors, not Owners

Get in line

By Jan Santiago Read article →
The Coin Dryer 12 min read

Money Changers that Front as Tech Companies (Part 2/2)

One can literally see big-name trading firms in the US, UK, Singapore or Hongkong taking in stolen victim funds from pig butchering scammers for cleaning.

By Jan Santiago Read article →
The Coin Dryer 9 min read

Money Changers that Front as Tech Companies

(Part 1/2) Having 0.1% criminal transactions is incredibly high for any bank. For crypto exchanges, maybe 1%. But this one has waaaaay, way higher % than even that.

By Jan Santiago Read article →
The Coin Dryer 20 min read

Charting the Shadow US Dollar Network in Asia, Tron

Part 3/3: With great profits come great responsibility? Can Tron get sued?

By Jan Santiago Read article →
The Coin Dryer 15 min read

Charting the Shadow US Dollar Network in Asia, Tron

Part 2/3: What did Sam Bankman-Fried do?

By Jan Santiago Read article →
The Coin Dryer 11 min read

Charting the Shadow USD Network in Asia - Tron

Part 1/3: What proportion of USD Tether on Tron is not criminal?

By Jan Santiago Read article →
The Coin Dryer 7 min read

DeFi Wallets: Poor Man's Crypto Mixers?

Lessons pig butchering scams - is the distinction between a network communication software and money transmitter is blurring?

By Jan Santiago Read article →
The Coin Dryer 11 min read

$75B Crypto in Pig Butchering is Not "F*cking Absurd", Actually

Incredulity, denial and outrage, outrage, outrage

By Jan Santiago Read article →
The Coin Dryer 8 min read

Tracing Ghostly Ether the Other Way

On the liquidity mining variant of pig butchering scams and following the gas

By Jan Santiago Read article →
The Coin Dryer 4 min read

Slavery Today is Erected by Cryptocurrency and Social Media

An old click-bait I wrote for a now-defunct nonprofit

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The Coin Dryer 5 min read

Using Smart Contracts and Jumping Joojoos

What's a token smart contract, anyway?

By Jan Santiago Read article →
The Coin Dryer 4 min read

What Blockchains can Tell that Bankers Can't

(START HERE) An explainer for crypto in readable English

By Jan Santiago Read article →
The Coin Dryer 13 min read

Just 54% of All Crypto is Clean

Because I'm a glass-is-half-full kind of person

By Jan Santiago Read article →

Sources we follow

  • The Coin Dryer — Money laundering on the blockchain — pig butchering, shadow banking, exchange flows.

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