The Hidden Truth Behind Money Laundering, Banks And Cryptocurrency | Crypto Craft

  • The Hidden Truth Behind Money Laundering, Banks And Cryptocurrency

    From forbes.com

    According to the United Nations, the estimated amount of money laundered globally in one year is 2 to 5% of the global GDP, or $800 billion to $2 trillion, with more than thank 90% of money laundering going undetected today. Concurrently, the cryptocurrency industry has also been criticized for being a tool for money laundering, despite statistics stating otherwise. It is estimated that only 1.1% of all cryptocurrency transactions are illicit. During its early days, Bitcoin was widely associated with the Silk Road, an online dark-net marketplace, where users could purchase weapons and illegal drugs anonymously. But ... (full story)

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TudorIoan
Sep 27, 2020 11:56pm
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Quoting michaelpelly
His truth is not hidden. At least for the last 50+ years. Every one that is literate at least on some average level knows that big investment banks are laundering money.
Yes, they do laundry since the fkn beginning of time. But via crypto is much "safe" now

PS, oh, and Zhao is a lying crypto monkey as usual ...good work, Tatiana ...good laugh !
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michaelpelly
Sep 27, 2020 11:45pm
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His truth is not hidden. At least for the last 50+ years. Every one that is literate at least on some average level knows that big investment banks are laundering money.
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