Alexander Browder, son of Kremlin critic and recent Triggernometry guest Bill Browder, founded the Global Cryptocurrency Laundering Database, cataloguing 164 laundering cases. His March 2026 Henry Jackson Society report estimated $350 billion laundered via crypto by Russia, Iran and North Korea, spotlighting Russia’s A7A5 stablecoin, used to process $100 billion while evading sanctions. In June 2026, Russia sanctioned him in retaliation, making him its youngest-ever target, which he called “a badge of honour.”
On Monday, he is joining the guys to break down what cryptocurrency actually is, how states like Russia, North Korea and Iran use it to launder money, as well as other ways it is used around the world.
Comment your questions below.
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“Money laundering” has existed as long as trade, banking and ruler confiscation schemes have existed (thousands of years). Is laundering through crypto any harder to track than earlier methods? Might it even be easier because of the immutability of blockchains?
Regarding the difference in legitimacy between fiat and crypto currencies, my understanding is as follows. Fiat currency, despite being created out of nothing nevertheless has value because the issuing government requires tax to be paid in that currency. Failure to pay tax eventually can result in a visit from men with guns and time in jail. That's ultimately what makes it undeniably real.
Crypto on the other hand does not have armed police enforcing the acceptance of its value. Its only clear use case is hiding criminally related transactions and as a vehicle for speculation. As such it seems like crypto is vulnerable to government regulation cracking down on its role in money laundering which could easily result in the speculative bubble bursting since there is nothing forcing its claim to possess value. All the gobbledygook about the wonders of blockchain is essentially irrelevant bullshit.
Have I missed anything important?