dirty money
A significant amount of money, estimated at $280 billion, has been laundered within the cryptocurrency sector, raising concerns about regulatory oversight. The methods employed for laundering this money often exploit the decentralized nature of cryptocurrencies, which can obscure the identities of users. Criminal organizations have increasingly turned to digital currencies for their transactions, taking advantage of the lack of stringent regulations in many jurisdictions. The rise of decentralized finance (DeFi) platforms has further complicated efforts to track illicit activities, as these platforms allow users to engage in trades without the need for intermediaries. Experts emphasize the need for enhanced regulatory frameworks to combat this growing issue and protect the integrity of the financial system.
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Last updated on November 18th, 2025 at 07:49 am
