Cryptocurrency
fromcointelegraph.com
1 month agoCrosschain swaps move $21B in illicit funds, up 200% in two years: Elliptic
Illicit crypto transactions via crosschain swaps have surged to $21.8 billion in 2023, with 12% linked to North Korea.
In his opening remarks, Senator Scott emphasized that more illegal activities occur with cash than with crypto, suggesting that cash carries greater risks for illicit finance.