It’ll All Come Out in the Wash
“Powered by encrypted messaging apps, anonymized platforms and a growing pool of people willing to move money for a cut, the system is agile, scalable and disturbingly hard to shut down. What began a decade ago as a fringe trend on dark-web bazaars is fast evolving into a sprawling global ecosystem of freelance money movers. Even the biggest criminal groups, long reliant on in-house laundering, are starting to tap it.” Bloomberg (Gift Article): Drug Cartels Are Shifting Their Money Laundering to Crypto. Cops Can’t Keep Up. (I keep reading examples of how crypto is good for bad stuff, but what good is it for good stuff?)


