Distributed ledgers(crypto currency) are much worse ways to launder money than you would think. Everyone knows exactly how much you have in your account, and how you are moving it. And I mean EVERYONE. All they have to do is connect the account with you, which you do when you buy something for yourself.
Cash is still king of laundering. The more cash you can move at once the better. If an inch of cash is 200 notes, that is $4k in 20's, $20k in 100's, $50k in 250's, and $100k in 500's.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.