Quote from: Mahanton on October 25, 2020, 10:19:18 PM

This is what i do have in mind where converting your cash to crypto will really be having that kind of problem on someone who do tend to make out conversions throughout to exchangers
which basically means that you would need up to pass some KYC before you would able to do so which criminals doesnt really like this kind of thing of course.Unless
if there would be some p2p purchases then they might able to get some bitcoin but in most cases this would really be on exchange platforms.
Why would they dive into things that will put up some headache if they can just simply make use of fiat directly just like the good old ways.?

But there are mixers nowadays. You put your stolen crypto there and you get it back clean without traces.
In terms of kyc, it is also not difficult to create a fake info today. You edit a document with your image and personal info of a different person then use it to complete kyc.
Wise criminals will always choose cryto over fiat, it's just that most people are still not yet completely aware of how these crypto works so most of them still prefers fiat.