FATF and UN reports show that the vast majority of money laundering and terrorist financing is still done through the traditional financial system (banks, offshore accounts, real estate, cash). Simply put: criminals still prefer cash and complex banking schemes due to higher volume and less tracing in some phases.
Correct. Anyway, it is much easier to trick old people to buy you gift cards than to buy Bitcoin and send it correctly to you. One requires reading the gift code or sending a picture, the other is much more complex. Nevertheless, it does happen sometimes but comparatively speaking the number of transactions/ATM scams is minor.
Being decentralized is what I think the reason why they choose it since it isn't easy to track the funds from a wallet to another wallet since there's no identity link to the wallet address.
You completely contradicted yourself in your stupidity. In almost all cryptocurrencies, it is trivial to track the movement of funds from one wallet to another. Whether there is an identity linked to any wallet address is something else entirely.
However, it's undeniable that cryptocurrency-related crimes are increasing day by day compared to previous years, and these crimes are also becoming more diverse and professional. Based on the data I've read from several sources, the confirmed data is only a small percentage.
maybe can see this article:
2025 Crypto Crime Trends)No, they are not increasing -- read the actual article and use your brain instead of reading a headline and shitposting here. You don't even understand the article that you linked. Absolute number is increasing because the total activity and capitalization has grown, but the % of activity is what matters here (not absolute, useless numbers). It staying low. The percentage of criminal activity is much lower than with bank and cash, therefore it can be ignored.
I would like to know if these journalists writing about Bitcoin being used in crime ever used a knife to cut ingredients, a razor to shave their beard or legs, a lighter to light up a candle, tape to pack a box. Do they know they are using crime tools?
The Great Britain is by this logic stupid for not banning knifes and razors because it would stop all knife crime it seems. So would banning tape, because kidnapped victims will be able to scream, so would banning lighters because some people are set on fire using them.
Ban bottled beers too, because bottles are used as molotovs at protests.
Actually in Britain there was a proposal to limit accessibility to knives as a measure against stabbings that are almost exclusively done by a certain group of people. Yes, they are actually dumb enough to propose stuff like that.
