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    Cryptocurrency VS Fiat – Who Launders More Money?



    💵 Illegal money laundering has been around for centuries, in some way or another. Let’s dive into where more money is laundered, some statistics comparing crypto laundering to fiat money laundering, and learn about the ways of money in general. Hint: More than 300 billion USD is laundered in the USA alone every year!

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    📌Timestamps
    0:00 What is Descentralized Finance?
    1:29 Cryptocurrency Illicit Activities Cybercrime
    3:40 FIAT & Organized Crime
    5:27 Money Laundering Stats in USA
    8:03 Crypto vs FIAT. Crypto Crimes Decreasing
    9:52 United Arab Emirates Real Estate with Bitcoin

    ℹ️Resources
    Learn more about real stats here:

    Fiat is Far More Common Than Bitcoin for Money Laundering, Confirms US Treasury Department

    #cryptocurrency #moneylaunderingcase #moneylaundering #crupto
    #bitcoin #cryptomarket #cryptotrading

    💣 Disclaimer
    The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

    View 23 Comments

    23 Comments

    8. Abdulsamad Idris on

      I think people launders more with fiat looking at various factors like, fiat has been there for long, crypto wasn't that accepted more among masses although crypto like offer more hidden identity and transactions but is new, so it will take more time to reach fiat in such. Thanks for the info👌

    10. JaviSuBs on

      It is true in what you report and there is no doubt that digital currencies provide benefits for an individual, a company and an institution by facilitating better access to financial products and services. But Money laundering costs the world economy between $800 billion and $2 trillion annually, according to the United Nations and today, more than 90% of money laundering remains undetected, however it is the Fiat, the money that is laundered the most today, in my opinion and research or what they make us believe.

    12. AlixBella on

      Good topic and good video, although cryptocurrencies are somewhat newer than Fiat money, I think that more Fiat has been laundered over the years, but it is not known in the future, some exchanges this year have been accused of laundering money by half of the cryptocurrencies, even the stablecoins, have been involved in this topic, great topic thanks for the video.

    13. Ragnar Loko on

      Today Criminals use new developments to continue laundering money. At the same time, government authorities and fintech companies leverage technology to identify transaction attributes and help expose fraud, nothing is complete or completely uncovered as the crypto market is vast compared to currencies. fiat, I believe in the information you offer and what continues to happen and the growth of cryptocurrency laundering that for now is surpassed by Fiat currencies.

    16. PRETTY BOI NUNU on

      I think Laundering money with crypto currencies is highly complex and risky making it an effective strategy compared to conventional techniques.
      However transactions in digital currencies are more transparent and accountable compared to fiat currencies.

    17. shash petehe on

      I've seen people who scare to enter the Crypto market because of such scams and laundering happening around , but they forget how profitable crypto is .
      the video was well explained , hope more people watches this video and understand that there is good and bad things happening simultaneously in everything.

    18. Sammy800 on

      Good video and educating,but I think outing money into crytocurenny is a risk cause you don't really know which one is real and which one is a scam.

    19. Abdulroheem Abdulrahman on

      This is a great info indeed
      I learnt from this about the trick being used by this hackers/criminals

      There should be a move in the tech security for all these blockchain especially the bitcoin

    20. Nnadozie Bonexzy Ochiamu on

      Defi or decentralized finance has made money laundering in Crypto more prone. But that Wich occurs in Fiat is much more alarming. There are quite longer lists of factors that support money laundering in Fiat than Crypto. Laundering is just where money is.

    23. Taiwo David on

      This is definitely going to be HUGE! as the team has been an inspiration in their innovative approaches towards achieving the project goals and visions ,
      bowdlerising cash with digital forms of money is exceptionally complicated and dangerous making it a compelling methodology contrasted with ordinary strategies.
      I'll say exchanging in digital currencies are more straightforward and responsible contrasted with government issued types of money. I am so glad to be part of this. ,

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