4 ms·
Most money laundering and criminal enterprises are conducted in fiat. Bitcoin is not anonymous.
by rafale 4y ago
Most money laundering and criminal enterprises are conducted in fiat. Bitcoin is not anonymous.
- 65 4y agoIllegal dark web markets use BTC as currency. The BTC entering and exiting these markets is highly tumbled, making it very hard to track.
- samhuk 4y agoFYI dark markets often use XMR (monero) now, due to it's true anonymity. That's why a few governments around the world are one-by-one banning it's sale (see Kraken and the UK government monero situation in september 2021). Bitcoin was figured out by most big governments quite a few years ago, and dark markets are quite quickly moving on to XMR.