The people in Banking industry have long associated Bitcoins with money laundering, from calling it a bubble to linking it to terrorists money they did everything in their power to destroy bitcoins. Today it's been proved that money laundering happens due to banks, was happening before bitcoins came. Deutsche Bank has been raided for money laundering, and it's pertinent to note bankers from this bank had said bitcoins is used for money laundering. It proves that fiat money is and always will be used for money laundering, it's time to stop the witch hunt against bitcoins. #ItrustBitcoinsoverBank.
Link:
https://www.newsbtc.com/2018/11/29/bitcoin-is-criminal-money-says-the-media-while-deutsche-bank-gets-raided-for-laundering/I think that money laundering, and other criminal activities, simply can't be attributed to the currency that it is conducted on.
It's almost like blaming the US dollar, because it facilitates criminal activities. Obviously, that's true, but in no way is it the currency's fault that this is happening. Money laundering will happen regardless of what payment processor or mechanism is in place, and that's just the truth.
Thus, it's not fair to attribute money laundering to bitcoin. In fact, there are so many stringent regulations now surrounding bitcoin exchanges etc., yet people still talk about bitcoin being an underworld currency for some reason. It's an image that the media has painted, and is simply not true.