According to a study by Bloomberg, over $100 billion of illegal cash have been transferred via the <a href="https://optimisus.com/news/crypto-news/an-etherfi-whale-dumps-ethfi-tokens-worth-over-1-8-million/" rel="noopener noreferrer nofollow">cryptocurrency market</a> since 2019, causing substantial effects on stablecoins and controlled exchanges.  
Stablecoins are being utilized more frequently by criminals, and they currently account for the majority of illegal transactions inside the cryptocurrency realm. More than 50% of these illegal money are ultimately deposited into controlled exchanges like as Binance and Coinbase.  
Kim Grauer from Chainalysis emphasized the increasing complexity of money laundering schemes and the utilization of novel tokens and strategies to evade detection. Criminals find stablecoins and centralized exchanges appealing because they let them to mix illegal funds with lawful transactions.  
Regulators worldwide have been aware of the increase in illegal financial transactions, leading to Binance being under to US supervision after being fined $4.3 billion by the Department of Justice. Stricter controls have resulted in a decrease in the influx of suspicious funds to exchanges, down from over $2 billion to around $780 million each month. 
The post <a href="https://optimisus.com/market/market-news/nearly-100-billion-in-illicit-crypto-flows-since-2019-target-stablecoins-and-centralized-exchanges/" rel="noopener noreferrer nofollow">Nearly $100 billion in illicit crypto flows since 2019 target stablecoins and centralized exchanges</a> appeared first on <a href="https://optimisus.com" rel="noopener noreferrer nofollow">Optimisus</a>.

Nearly $100 billion in illicit crypto flows since 2019 target stablecoins and centralized exchanges

Optimisus

Các bài viết khác được xuất bản trên 12 thg 7, 2024

BlackRock Partners with MakerDAO for Treasuries

Ignoring quantum threats in CBDC design is reckless

Bitcoin Pattern Signals Potential Bullish Rally: Expert Predicts Price Surge to New ATH if BTC Re...

Justin Sun’s Crypto Portfolio: Does It Include Bitcoin?

Best Ways to Earn Passive Income With Crypto-6 Best Free Cloud Mining Platforms in 2024

Which Toncoin clicker games are hot on the heels of Hamster Kombat

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!