United Nations warns: Illegal cryptocurrency mining has become a "powerful tool" for transnational criminal gangs to launder money
According to ChainCatcher news reported by Decrypt, a report titled "Turning Point: The Global Impact of Southeast Asia's Scam Centers, Underground Banking, and Illegal Online Markets" released by the United Nations Office on Drugs and Crime (UNODC) points out that transnational criminal groups in Southeast Asia are rapidly expanding global money laundering and scam activities involving billions of dollars by utilizing illegal cryptocurrency mining, stablecoins, and Telegram black markets, posing a threat to global security.
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