High-Risk Transactions in Cryptoverse � Opportunities, Challenges, and Future

Edmundrauscher93@29 Sep, 2022Business

The use of speed and anonymity within cryptocurrency exchange is facilitating criminals to conceal identities as well as their true source of funds. This way they manage to escape high-risk transaction screening to launder big sums of money or fund other organized crimes. Similarly, decentralized exchanges and storing data on a ledger (network of thousands of global computers) further expose the crypto industry to criminal threats.