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Oh FFS here we go again.

Yes, crypto obviously does, but so does conventional money.

Without ranting at length, these two resources will highlight the actual $ extent of crypto in funding illicit activity.

In short, illegal crypto transactions account for ~0.15% overall.

https://www.axios.com/2022/01/06/cryptocurrency-scam-crime-popularity-report

https://www.reuters.com/markets/us/cryptocurrency-crime-2021-hits-all-time-high-value-chainalysis-2022-01-06/

You know it is a small percentage and $ amount of total crime.

Here's another reference about clandestine activity around the world, whilst we're at it.

https://www.unodc.org/unodc/en/money-laundering/overview.html

P.S. Your source linked to this text is from 2014. Could you not use anything more recent for relevance?

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Crypto with Lorenzo
Crypto with Lorenzo

Written by Crypto with Lorenzo

Aussie crypto enthusiast. Nothing here is financial advice + DYOR. I will never contact you first, and beware of unsolicited communication. On X & Bluesky.

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