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Chainalysis: Traditional money launderers start using crypto networks to create "massive money laundering infrastructure"

The report published by Chainalysis suggests that traditional money launderers - criminals working outside of cryptocurrencies - may also be moving their cash on-chain. Research director Kim Grauer said that traditional money launderers are starting to use crypto networks to create "large-scale money laundering infrastructure" to launder cash outside of cryptocurrencies. It is reported that these transfers did not originate from Chainalysis' use of the blockchain.

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2024-07-12 21:01:25
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