๐ต๏ธโโ๏ธ๐ฐCrypto criminals, move aside! Traditional money launderers are entering the blockchain scene, says Chainalysis. They're using crypto networks to create a "large-scale money laundering infrastructure" to clean non-crypto cash. ๐งผ๐ธ
๐These aren't your typical crypto scams or ransomware attacks. These transactions come from wallets that aren't known to be illicit. But they're using strategies that would make any traditional financial compliance department raise an eyebrow. ๐คจ๐ผ
๐Chainalysis found a ton of transactions just below the $10,000 mark - the point where additional KYC rules kick in. Not necessarily illicit, but definitely suspicious. ๐ง๐ต
๐Most telling are transactions flowing to over-the-counter brokers who are happy to turn criminal crypto into dollars, no questions asked. ๐คซ๐ฑ
๐คWhat do you think about this trend? Is it a sign of crypto's growing acceptance, or a warning of potential pitfalls? Let's chat in the comments! ๐ฃ๏ธ๐ #DeFi #Web3
Remember, if it's not about DeFi or Web3, it's a "no" from me. ๐๐