'U.S. Treasury: 'Use of Virtual Assets For Money Laundering Remains Far Below That of Fiat Currency'' by Benhodlin bitcoin debunkingamyth
One of the most common arguments against Bitcoin and digital assets has been that its "predominantly used for Illicit activity."
Critics can no longer credibly present the illusion of overwhelming illicit activity to discredit Bitcoin; Now the foremost experts in the world say it is not a major threat when compared to other methods.“he use of virtual assets for money laundering remains far below that of fiat currency and more traditional methods.”“errorist use of virtual assets appears to remain limited when compared to other financial products and services.
This led straight to a married couple in New York: Ilya Lichtenstein and Heather Morgan, age 34 and 31, who were arrested and charged with conspiracy to commit money laundering and conspiracy to defraud the United States.