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Crypto is fueling organized crime in Latin America, claims new report

From decrypt.co

Organized crime and drug cartels in Latin America are increasingly turning to cryptocurrencies to launder money and orchestrate scams, according to the latest collaborative report by threat intelligence firm Intsights and blockchain forensics firm CipherTrace. The report, “The Darkside of Latin America,” demonstrates how threat finance in Latin America has evolved with the rise of cryptocurrencies and peer-to-peer and unregulated exchanges. Researchers for Intsights say they arrived at their findings from access to “closed-access databases” and “hundreds of underground sources (deep web and dark web),” among other ... (full story)

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