Bitrace Report Examines Money Laundering with Stablecoins

10 months ago 19

Source: iStock/kali9 A recent report by blockchain researcher Bitrace has shed light on the potential use of stablecoins in money laundering activities.  The report, published on December 26 and translated by Wu Blockchain, highlighted two distinct scenarios in which stablecoins, specifically Tether (USDT), were employed for illicit purposes. In the first scenario, known as the “upward” […]

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