Crime and Crypto: Can We Stop It?

Crime and Crypto

On one side of the argument, cryptocurrency stands for a completely independent network that provides peer-to-peer transactions, while allowing for total transparency and permanency across a distributed ledger. In other words, every transaction made on a blockchain is evident in a universal ledger for everyone to see. It includes an identifiable account number, time of the transaction, and the conversion rate.

For the critics, it serves as the proprietary vehicle for money laundering and will never reach the status of becoming a legitimate, international currency. The allegations for using Tether for Bitcoin pricing manipulation also serves …

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