🔍 Chainalysis report reveals: Money launderers use cryptocurrencies to conceal the source and flow of illegal funds. Bitcoin's value has risen by nearly 55% this year, but money launderers hide the flow of funds through means such as crypto mixers, cross-chain bridges, and wallet "conversions". Since 2019, nearly $100 billion has been transferred from known illegal wallets to conversion services, reaching a peak of $30 billion in 2022. Despite this, the transparency of the blockchain can still track these activities. What do you think? 💬#blockchain#cryptocurrency#moneylaundering#Chainalysis