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Crypto Money Laundering.
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8.6 billion dollars worth of crypto was laundered in 2021.

So how do they clean their dirty crypto and get away with it? Understanding this will show you how rules in finance can be bent and even broken, especially with crypto.

But it’s important to say that there’s nothing inherently bad about cryptocurrencies…

It’s just a tool… Think of a shovel.. It can be used to build a garden… or bury a body.. So should we ban shovels?

Money Laundering
Crypto Laundering
Crypto Scams
Crypto Crash

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*I am not a financial advisor. This is not financial advice. Some of the above links may be affiliate links*

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  1. I am just all in. I work Doordash and Uber Eats as a driver for a side hustle, and throw it all in to the crypto market as a side hustle and document the journey every week on my channel. I make Warren Buffet sad.

  2. You mentioned the xmr, what is the downsides of it. It is 99% anonymous, and that couple u mentioned used it too. Can you explain it a little more?
    Like dirty btc, convert it to xmr via random wallet then magically back to exchange it for cash, downsides?

  3. The king of laundering is the government.. All the war efforts, ukraine, etc etc etc.. all just money laundering.. We could really use a decentralized blockchain to track finances from Banks, the government, non-profits, churches, etc.

  4. I find it funny that after stealing that much money they failed to properly use burner phones.
    It's not a burner phone if you just keep it forever… Then it's just incriminating evidence.
    Unbelievable that they were even able to pull off the hack to begin with.

    As always, enjoy your videos. Thanks for the story – After seeing that music video I always wondered about the history.

  5. Sorry Max, it's not you, it's the market. I just cashed out all my crypto and I'm out of the game. I've been faithful to ETH (including matic) exclusively for over a year. I lost heavy on luna as well. With trade fees, it not exactly easy to find day/swing trades (not interested). Coinbase has me locked in ETH2 so I'm just counting that as a total loss.

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