For context, the ‘estimated’ amount of money laundered globally (with the non-crypto world included) per year is $800 billions to $2 trillions.

Crimes are everywhere, including on chain.

The fact that we know the ‘exact’ number laundered through cross-chain services (usually DeFi) makes crypto far more advanced thanks to blockchain transparency.

It means it’s much easier to track criminal transactions and potentially tackle it.

#cryptonews #crypto2023 #cryptocurrency