Post
Topic
Board Pilipinas
Re: Corrupt contractors and possible officials convert their asset to Bitcoins?
by
Russlenat
on 03/09/2025, 21:48:44 UTC
It's worth mentioning na may mga research studies na kung saan pinapakita kung gaano kaliit ang percentage ng mga laundered funds sa pamamagitan ng bitcoin at iba pang mga cryptocurrencies compared sa mga traditional methods![/sup]
That’s true, t’s actually easier to launder fiat. Corrupt money usually doesn’t move through normal bank-to-bank transfers. Like Magalong (the mayor) said in an interview, the people involved in corruption with flood control don’t even use simple vaults anymore. The amounts are so huge that they’re using entire room vaults filled with pure cash, just to avoid any paper trail.