Another interesting development in cryptoland

Nobert said:
8 million. Mhm.
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With a double-digit inflation rate of 15%, that $8 million is really $6.95 million. No wonder Powell is committed to fighting inflation even if it means bringing in recession. He must be getting the heat from the owners of those "illicit money".
 
TheDawn said:
https://cryptosaurus.tech/nfts-are-a-favorite-of-rookies-but-crime-is-not-the-biggest-problem/
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"The United Nations Office on Drugs and Crime (UNODC) conducted a study to determine the magnitude of illicit funds generated by drug trafficking and organised crimes and to investigate to what extent these funds are laundered. The report estimates that in 2009, criminal proceeds amounted to 3.6% of global GDP, with 2.7% (or USD 1.6 trillion) being laundered."

https://www.fatf-gafi.org/faq/moneylaundering/

So 8mil of 1.6 trillion is 1 in 16000.


Getting struck by lighting in an 80yr lifespan has a slightly greater chance of success.

https://stacker.com/stories/2343/odds-50-random-events-happening-you
 
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