Fiat is Far More Common Than Bitcoin for Money Laundering, Confirms US Treasury Department - BitcoinEthereumNews.com
Bitcoinफिएट मनी लॉन्ड्रिंग के लिए बिटकॉइन की तुलना में कहीं अधिक सामान्य है, अमेरिकी ट्रेजरी विभाग की पुष्टि करता है03 / 19 / 2022बिटकॉइन एथेरियम समाचार Earlier this month, the US Treasury Department released three-yearly reports covering money laundering, terrorist financing, and proliferation financing – all of which extensively discussed virtual assets. While noting many of their risks in these areas, they note that fiat currency and traditional networks are still far more commonly used than crypto in illicit finance. Crypto for Money Laundering The National Money Laundering Risk Assessment नामित “virtual assets” as an ever-evolving world within money launderers growing toolkit for hiding their funds. It specifically named DeFi and “anonymity enhancing technologies” as potential culprits. Virtual assets have also reportedly played a significant role in both phishing attacks and Ransomware scams throughout the pandemic. Nefarious actors may use promises of gains from the volatile crypto market to bait victims into revealing their personal information or to plant malware on their devices. Then, the attackers may demand to be paid in crypto after attacking, which is both pseudonymous and irreversible. Overall, the report claims that the use of crypto as a method for laundering money – including drug money – is growing. This would corroborate