How can you launder money with crypto, when it has blockchain logs that keep track of everything. It seems like the worst way to launder money.
Well oversimplification but basically , front organization buys crypto with illicit funds then spends or sells it, money laundered.
You think these crypto houses are following KYC and AML laws like normal investment banks do?
Not a chance in hell. You can’t ask for a better product for fraud and money laundering than Crypto