Evolving Money Laundering Tactics

Criminals have adapted their money laundering strategies from traditional methods to exploit digital technologies. Previously, launderers would mix illegal earnings with legitimate business income through methods such as using front properties like restaurants. Today, they increasingly turn to cryptocurrencies, as it allows them to obscure the origins of their illicit funds. However, the transparency of blockchain technology presents risks, leading criminals to employ mixers that disguise the transaction history of their digital assets.