Arianna
Mon Jul 15 2024
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6 answers
1284
Why is the AFP focusing on illicit money transfer via crypto?
Could you elaborate on the rationale behind the Australian Federal Police's (AFP) recent focus on illicit money transfers utilizing cryptocurrencies? Given the anonymity and decentralized nature of cryptocurrencies, how do they intend to effectively track and combat such illicit activities? Are there specific cases or trends that have sparked this intensified scrutiny? What challenges do they face in this endeavor, and how are they overcoming them? Additionally, what measures are being taken to ensure that legitimate cryptocurrency users are not unfairly targeted?
