Cryptocurrency Money Laundering
| Cryptocurrency money laundering is the criminal activity of transferring fiat to cryptocurrency and routing it via multiple pathways. This activity has been on the rise in recent years as the value of cryptocurrencies has increased. The most common method of cryptocurrency money laundering is through the use of online exchanges. These exchanges allow users to convert their fiat currency into cryptocurrency and then send it to another exchange where it can be converted back into fiat. This process allows criminals to anonymously move money around the world without the need for a bank account. Cryptocurrency money laundering is a serious problem that needs to be addressed by the cryptocurrency community. |
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