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To clarify:

“Money laundering is the process of disguising illegally obtained money to make it appear legitimate.”

Now, those mimicking this approach: where is this money being hidden?

Is it the same with BTC?

" The hacker has laundered all the 499,000 ETH ($1.39 billion) stolen from Bybit, and the whole process took 10 days.

THORChain, the main channel used by the hacker to launder money, received $5.9 billion in transaction volume and $5.5 million in handling fees."

#MoneyLaundering #CryptoScrutiny