New AI technique detects money laundering via cryptocurrencies
Briefly

Elliptic uses blockchain analytics and AI to detect money laundering on the Bitcoin blockchain, identifying illicit activities and actors, aiding in AML for crypto businesses and law enforcement.
Blockchain's characteristics attract money launderers, but its transparency allows AI to analyze transactions, making cryptocurrencies more suitable for AI-based financial crime detection.
Read at TNW | Data-Security
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