flash on Nostr: ⚡️🔎 NEW - Criminals are reportedly increasingly abandoning crypto in favor of ...
⚡️🔎 NEW - Criminals are reportedly increasingly abandoning crypto in favor of Gold to launder money.
At least that's what the British Police are observing, as they see criminal groups acquiring numerous gold coins and bullion to conceal drug profits.
Criminals see undeniable advantages over cryptocurrencies: the rising value of the metal and the lack of traceability.
Indeed, despite popular belief, cryptocurrencies are traceable, and gold's opacity makes it harder to track, even if it is bulkier and riskier to move in large quantities.
Published at
2025-06-21 12:24:26Event JSON
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"content": "⚡️🔎 NEW - Criminals are reportedly increasingly abandoning crypto in favor of Gold to launder money.\n\nAt least that's what the British Police are observing, as they see criminal groups acquiring numerous gold coins and bullion to conceal drug profits.\n\nCriminals see undeniable advantages over cryptocurrencies: the rising value of the metal and the lack of traceability.\n\nIndeed, despite popular belief, cryptocurrencies are traceable, and gold's opacity makes it harder to track, even if it is bulkier and riskier to move in large quantities.\nhttps://blossom.primal.net/438f360583ccb8e8154a5e61e5c601f046057fd137219774c6809da4fe10990b.jpg",
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