10min chapter

The Economy Stupid cover image

High-tech laundering - how crims use technology to make dirty money clean

The Economy Stupid

CHAPTER

Criminal Money Laundering: The Use of Cryptocurrency and Technology

The chapter delves into different cases where criminals have turned to using cryptocurrency to launder money and hide their illicit funds effectively from authorities. It discusses the challenges faced by law enforcement in tracking and seizing cryptocurrency due to its fluctuating value and the use of mixers to obscure the trail of funds. The podcast also touches on how criminals leverage technology like tumblers to layer their money and avoid detection.

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