Stacked Bitcoin coins on a wet keyboard beside a smartphone showing a cryptocurrency trading chart, illustrating crypto money laundering risks and digital finance activity.
Cybercrime

Crypto Money Laundering: A Record-Breaking Seizure

The US just announced its largest monetary seizure ever, worth more than $15 billion in bitcoins. The targeted entity is an investment conglomerate known as Prince Holding Group, responsible for running more than 10 scam compounds in Cambodia and for conducting international money laundering operations.
This article explores the phenomena of scam cities, the role of cryptocurrencies in facilitating international money laundering and how blockchain can be used as a tool for accountability.

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