Earlier quoted context omitted.
Incredibly high rate of money laundering in relation to the entire flow of cyrpto. You should know comparing traditional fiat against crypto doesn't make sense.. But I guess I'm the one who's ignorant. There is a good paper overviewing a lot here : https://www.unive.it/pag/fileadmin/user_upload/dipartimenti/... It's more of an essay but all all stats are referenced. Also another good read : https://ciphertrace.com/q3…
> You simply can't argue that money laundering isn't rampant on cypto currencies. Actually, I can quite easily argue that. Neither of your sources give evidence or numbers that justify your assertion. In fact, less than 1% of transactions are shown to be illicit activity, and the majority of that is scams, not money laundering. Here's a report from your 2018 source, CipherTrace, only using more recent data: https://c…
I think we have two different opinions on a side topic of Money laundering in regards to Tornado.
The original OP is the US Gov and GH overreaching and on that I fully agree.
I don't think your comments should be downvoted to oblivion at all. You definitely make some good points. I don't have all the real data in front of me so I'm just suspicious when there's a tool like Tornado.