Guarantee you the money they are laundering through crypto is a drop in the bucket compared to the amount laundered through HSBC and the like using fiat.
ReallyOrdinaryMan on
Cops find so much illegal transactions in crypto, because those transactions are transparent. So cops easily track and find them.
Fiat on the other hand…
And this is called as survivorship bias. Common humman error about how you perceive things you see and you dont see.
partymsl on
Cops will do everything instead of actually stopping the drug cartels itself…
trufin2038 on
Why would drug lords not use the banks they own? They don’t need an alternative to themselves.
Blade_Runner_69 on
😂 I forgot how full of shit Bloomberg news is! Same dumb talking points cycle through, rinse and repeat!
AdSevere1274 on
Cartels and gangs are 5th largest employers in Mexico.. In some cities in USA they are 3% of population.
If they want to eat, they have to convert it to real money.. Their monthly income!!
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Guarantee you the money they are laundering through crypto is a drop in the bucket compared to the amount laundered through HSBC and the like using fiat.
Cops find so much illegal transactions in crypto, because those transactions are transparent. So cops easily track and find them.
Fiat on the other hand…
And this is called as survivorship bias. Common humman error about how you perceive things you see and you dont see.
Cops will do everything instead of actually stopping the drug cartels itself…
Why would drug lords not use the banks they own? They don’t need an alternative to themselves.
😂 I forgot how full of shit Bloomberg news is! Same dumb talking points cycle through, rinse and repeat!
Cartels and gangs are 5th largest employers in Mexico.. In some cities in USA they are 3% of population.
If they want to eat, they have to convert it to real money.. Their monthly income!!