Bitcoin Atm Boom Fuels Money Laundering Fears
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Bitcoin Atm Boom Fuels Money Laundering Fears. Spanish police announced in may that they had taken down a laundering operation that used bitcoin atms. Of those, 89 are in spain.
Bitcoin atm boom fuels money laundering fears in the news, 17 february 2021 centre for financial crime and security studies anton moiseienko, research fellow at rusi's centre for financial crime and security studies, said the machines were being used by money mules, people who move cash around at the direction of criminal groups.
A new report from chainalysis discovered that 270 wallet Bitcoin cash (bch) and bitcoin (btc). Santiago/getty images north america cryptocurrency atms have seen a surge in interest. Crypto atms are where the world of untraceable cash overlaps with the world of pseudonymous crypto so it's not a huge surprise that there would be money laundering risks involved, he said. bitcoin atm boom fuels money laundering fears 17 february 2021 tags:
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