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Traditional Banks Continue to Excel at Money Laundering, Another Major Bank Ordered Closed
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Traditional Banks Continue to Excel at Money Laundering, Another Major Bank Ordered Closed
A common misconception regarding cryptocurrencies is that they are ”only used by criminals”. Moreover, cryptocurrencies are often accused of being vehicles for money laundering. Estonian bank ordered closed as money laundering investigation continues Although any technology can be used for malicious purposes, money laundering is, in fact, a far greater problem for traditional banks using fiat currencies. Another example of this has just popped up, as Danske Bank has been…