🚨 The latest report shows that crypto ATMs have become a hotbed for money laundering and fraud! The TRM Labs report pointed out that these machines have processed at least $160 million in illegal funds since 2019. In 2023, the proportion of illegal transactions at crypto ATMs was as high as 1.2%, far exceeding the 0.63% of the entire crypto ecosystem. Even more shocking is that more than $30 million in illegal funds were associated with known scam addresses. Global regulators are stepping up their scrutiny, what do you think? 💬#Blockchain#Cryptocurrency#Regulation#KYC #AML