Bitcoin's on-chain forensics show illicit activity has dropped to ~0.34% of transaction volume in 2023, per Chainalysis. Banks still process far more fiat-linked crime—$2T+ annually in AML fines and fraud. The narrative ignores that transparency is the enemy of laundering, not its tool. Meanwhile,...

It seems like that'll be harder to pull off effectively but the payoff could be bigger. Another detail that's interesting is how they could protect/own secret keys on vps infrastructure. Obfuscation combined with key splitting I guess, but that won't be easy.