Criminals that attempt to launder money on a transparent and traceable blockchain
Remember the NFT craze? Use dirty money to pump the price of some flavor of NFT. Then use clean money to speculate on a sure thing and take out the profit. Money got laundered but nothing shows up on any chain that links the dirty money to the clean speculation profits. You have to be a little clever, but blockchains absolutely don't prevent money laundering.
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Remember the NFT craze? Use dirty money to pump the price of some flavor of NFT. Then use clean money to speculate on a sure thing and take out the profit. Money got laundered but nothing shows up on any chain that links the dirty money to the clean speculation profits. You have to be a little clever, but blockchains absolutely don't prevent money laundering.