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RE: Bitcoins used to launder 20 million euros.

in #news8 years ago (edited)

Bitcoin also has a public ledger, which means it's not really an ideal vehicle for money laundering. There are better cryptos out there for that kind of purpose.

According to Wikipedia's article on Bitcoin money laundering, "A report by UK's Treasury and Home Office named "UK national risk assessment of money laundering and terrorist financing" (2015 October) found that, of the twelve methods examined in the report, bitcoin carries the lowest risk of being used for money laundering, with the most common money laundering method being the banks.[326]"

If you really want to launder money, just talk to HSBC. :)

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