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The invention of Bitcoin ATMs has also changed the money laundering game. This is great if you’re running any traditional rackets where your profits are still in fiat. You take the dirty money, and simply use any one of the 11,000 unregulated Bitcoin ATMs around the world to turn that cash into clean Bitcoin.
Privacy wallets are responsible for around 12% of all Bitcoin laundering last year – making them the preferred choice among cyber criminals.
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