Updated: 11 October 2022, 01:42 AM IST
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The total value of stolen and stolen cryptocurrencies… MoreThe total value of cryptocurrencies that were stolen and sent to illegal wallet addresses around the world increased by almost 80%, from 7.8 billion in 2020 to 14 billion in 2021. Money laundering is one of the major charges leveled by the Enforcement Directorate (ED) against crypto. Exchange WazirX. Despite the inherent property of blockchain’s traceability, ED is not the first agency to make such allegations against the crypto platform. In this video, we will see how money laundering happens on the blockchain, despite the fact that transactions on it are always traceable.