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2024 Crypto Crime Report: A Useful Tool for the AML Community

AML Conversations

CHAPTER

Impact of Pandemic on Crypto Utilization and Crime

The chapter explores the potential impact of the pandemic on cryptocurrency adoption and criminal activities, noting an acceleration in digital lifestyles in certain countries. It discusses key trends in crypto money laundering in 2023, highlighting a decrease in illicit addresses sending significant amounts of crypto to services. The conversation emphasizes the evolving strategies of crypto criminals, the importance of collaboration between sectors, and the role of tools like Chainalysis in combating money laundering and terrorist financing.

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