A deep dive into a global money-laundering ecosystem powered by crypto and messaging apps like WeChat and Telegram, used by drug cartels and criminal groups
A vast ecosystem supported by the gig economy has sprung up to clean all that cash. — The pitch was simple: Crypto for “cold hard cash.”LinkedIn:Tamer Yalav,CAT Labs,Poppy Alexander,Scott Greytak, andNicola WhiteLinkedIn:Tamer Yalav:One major shift the article highlights is that money-laundering is no longer only done by large organized networks or professional firms — instead, a kind of informal freelance system has sprung up. …CAT Labs:𝐍𝐞𝐰 𝐫𝐞𝐩𝐨𝐫𝐭𝐢𝐧𝐠 𝐟𝐫𝐨𝐦 …Poppy Alexander:This Jessica Brice d