pull down to refresh

6 sats \ 0 replies \ @DiedOnTitan 21 Mar freebie \ on: Woman found with £2bn in BTC convicted of money laundering arrangement offence bitcoin
The vast majority of money laundering cases both in size, quantity, and every other dimension are predominantly cash based.
Drug Traficking Organizations (DTOs), engaged in the trafficking of a variety of drugs into the United States, use numerous methods to launder proceeds, which remain predominantly cash based.
Source: U.S. Treasury
While $2 Billion is not a small amount, this is news because it involves Bitcoin.
Compare that to this:
https://m.stacker.news/22065
$200 Billion in fines to U.S. banks...Money laundering by banks is not an anomaly. It's a business model.
write
preview