April 23, 2025

FinCEN Says Illicit Use Of Crypto By Criminals Creates New ‘Opportunities’ For Detection

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FinCEN says illicit use of crypto by criminals creates new ‘opportunities’ for detection. The watchdog said that criminal organizations are increasingly using crypto to conduct their illicit activity, especially in the fentanyl supply chains. The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has issued a stark warning to US financial firms, warning them about

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Source: Bitcoin World

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