In fact using crypto is more risky as it can be traced to an extent. Using fiat is far better to launder money, feds know this, govts know this, but they will say anything just to throw dirt on crypto.
In fact using crypto is more risky as it can be traced to an extent. Using fiat is far better to launder money, feds know this, govts know this, but they will say anything just to throw dirt on crypto.
RE: Money laundering has existed long before cryptocurrencies became a thing. Politicians often conveniently blame crypto like a scapegoat, but deliberately forget how the world's leading banks help launder $2 trillion a year