Money from bank hacks rarely gets laundered through cryptocurrencies

SWIFT: "Identified cases of laundering through cryptocurrencies remain relatively small compared to the volumes of cash laundered through traditional methods."

Despite being considered a cybercrime haven, cryptocurrencies play a very small role in laundering funds obtained from bank hacks; the SWIFT financial organization said in a report last week.

"Identified cases of laundering through cryptocurrencies remain relatively small compared to the volumes of cash laundered through traditional methods," said SWIFT, the organization that runs the SWIFT inter-bank messaging system used by almost all banks across the world to wire funds across borders.

These traditional methods include the use of money mules, front companies, cash businesses, and investments back into other forms of crime, such as drug trade or human trafficking.

👀 👉🏼 https://www.zdnet.com/article/money-from-bank-hacks-rarely-gets-laundered-through-cryptocurrencies

#money #laundering #bank #hacks #cryptocurrencies
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How money is laundered through New York banks

An ICIJ investigation reveals the role of global banks in industrial-scale money laundering — and the bloodshed and suffering that flow in its wake.

The FinCEN Files show trillions in tainted dollars flow freely through major banks, swamping a broken enforcement system.

📺 👉🏼 https://www.icij.org/investigations/fincen-files/

#investigation #FinCEN #money #laundering #video #thinkabout
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Concerned parent follows the money and the schools mandating of masking and vaccination.

She schools the school board.

#follow #the #money #kids #schools #mask #mom

#money #chart

Where did the #money go?

The #dollar is in demonstrable freefall versus real #money— #gold and #silver are repricing violently higher, yet the mainstream financial media remains conspicuously mute. Decades of post-WWII dollar hegemony have conditioned the public to confuse currency with money, eroding any understanding of intrinsic value and purchasing-power preservation. Bitcoin, the speculative sideshow, oscillates like a synthetic yo-yo, offering volatility without monetary permanence. The critical signal is clear: the price to hedge in real money is accelerating, and the dollar’s erosion is structural, not cyclical. Ignore the signal at your own risk.

This is no longer a red-versus-blue spectator sport or partisan cheerleading exercise. The macro reality is brutally apolitical. The United States is functionally bankrupt, as Ron Paul has warned for decades, and the evidence is now manifesting in collapsing purchasing power. The price of acquiring real money—gold and silver—has surged roughly 200% in just two years, a silent tax that represents systemic looting via monetary debasement. We are drifting toward a sovereign debt crisis unprecedented in the entire history of fiat currency regimes. Even conservative frameworks, like Jim Rickards’ back-of-the-napkin gold revaluation tied to balance-sheet realities, imply a potential trajectory toward $27,000 per ounce. You don’t need to be a “gold bug” to recognize risk management: allocating even 10% of depreciating Federal Reserve notes into real money is simple capital preservation. It’s not about upside speculation—it’s about avoiding total annihilation if real money reprices 10x or 20x against collapsing paper claims.

https://t.me/GeopoliticsAndEmpire/62218