Post
Topic
Board Bitcoin Discussion
Re: Why do people need to use Bitcoin for Money laundering?
by
Jeffpod
on 10/07/2018, 16:38:27 UTC
Every bitcoin transaction can be done and completed without any personal information if done correctly. Transactional information is displayed but your identity is completely confidential. Because of the anonymity of bitcoin and unmanaged, criminals can use this currency as a trading method. Hackers may be trying to attack multiple bitcoins to steal large amounts of money and money laundering can happen easily.