Crypto Is Bad? Cash Still the Primary Tool for Money Laundering, US Treasury Reports

Crypto Is Bad? Cash Still the Primary Tool for Money Laundering, US Treasury Reports

The U.S. Treasury Department has reported that despite the growing trend of illicit actors turning to cryptocurrencies for money laundering and financing, cold hard cash remains their preferred tool. In its 2024 National Risk Assessments on Money Laundering, Terrorist Financing, and Proliferation Financing, the Treasury shed light on the various threats, vulnerabilities, and risks associated […]

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