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UN Says Crime Syndicates Expanding Into Crypto and Blockchain To Power Multibillion-Dollar Operations

By Daily Hodl Staff at 2025-05-01 03:39

Sentiment: Negative

The United Nations Office on Drugs and Crime (UNODC) is warning that organized crime syndicates are increasingly leveraging cryptocurrency and blockchain technology to fuel their operations. According to a new UNODC report, gangs in Southeast Asia are creating tailored financial ecosystems, including unlicensed exchanges and stablecoins, to evade detection and launder illicit money. “…Many of […] The post UN Says Crime Syndicates Expanding Into Crypto and Blockchain To Power Multibillion-Dollar Operations appeared first on The Daily Hodl. Continue reading...

Categories: Blockchain

Tags: #Blockchain #Scams # Hacks & Breaches #blockchain #crime #News #stablecoins #UN

Source The Daily Hodl