SWIFT Says Criminals Prefer Cash For Money Laundering, Not Cryptocurrency | News – Bitcoin News
A new report from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) says cryptocurrency is rarely used for money laundering activities compared to fiat or other traditional methods. Despite the perception that crypto assets are a preferred haven for illegally acquired funds, criminals prefer to launder the proceeds through mules, shell companies or treasury firms, […]
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