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Bloomberg Wall Street Week - November 1st, 2024

Wall Street Week

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The Dark Side of Technology: Human Trafficking and Financial Crimes

This chapter explores the alarming rise of human trafficking linked to technological advancements, revealing a global growth of over 20% in the last decade. It highlights how criminals exploit technologies like cryptocurrencies and blockchain for various illicit activities while discussing law enforcement's evolving strategies to combat these sophisticated crimes. The commentary underscores the need for greater awareness and innovative approaches to tackle the increasing complexity of financial crimes and protect potential victims.

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