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Cryptopolitan 2022-04-28 17:41:09

Blockchain And Crypto are Becoming Tools for Tracing Financial Theft

TL;DR Breakdown: The immutability of the blockchain renders concealing transactions difficult. Cryptocurrency is used as a tool by cybercriminals. 0.15 percent of crypto transactions in 2021 were involved with illegal activities. According to critics, crypto is a medium for money laundering. Cryptocurrencies can come in handy for fraudsters to hide the source of their money...

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