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Crypto crime goes industrial as gangs launch coins, launder billions — UN

Cointelegraph.com NewsOrganized crime groups across Southeast Asia have scaled their operations by exploiting cryptocurrency — launching their own coins, exchanges and blockchain networks to launder billions of dollars, according to a new report from the United Nations Office on Drugs and Crime (UNODC).The report states that criminal syndicates are no longer just using existing crypto infrastructure. Instead, they are actively building… 

​Organized crime groups across Southeast Asia have scaled their operations by exploiting cryptocurrency — launching their own coins, exchanges and blockchain networks to launder billions of dollars, according to a new report from the United Nations Office on Drugs and Crime (UNODC).The report states that criminal syndicates are no longer just using existing crypto infrastructure. Instead, they are actively building… 

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