Stablecoins and CEXs Lead $100 Billion Illicit Crypto Flow Since 2019: Bloomberg Report

Recent data has indicated that close to $100 billion in illicit funds have been circulated through the crypto market since 2019. This illegal activity primarily involves the use of stablecoins and centralized exchanges (CEXs) such as Binance and Coinbase. Experts have noted the increasing sophistication of money laundering tactics within the cryptocurrency sector. Explore the