Download to read offline
Uploaded byFinlaw Consultancy Pvt Ltd
48 views
Money Laundering Via Crypto ATM
Crypto ATMs often exist in a regulatory gray area, making them attractive for money laundering activities. Criminals typically use these ATMs to convert illicit cash into cryptoassets, which can then be laundered through complex networks. This poses significant challenges for detection and prevention for operators of cryptoasset ATMs.
More Related Content
Similar to Money Laundering Via Crypto ATM
More from Finlaw Consultancy Pvt Ltd
Recently uploaded
![[BDD 2025 - Full-Stack Development] Agentic AI Architecture: Redefining Syste...](https://cdn.slidesharecdn.com/ss_thumbnails/fs-agenticaiarchitectureredefiningsystemcommunication-251124030838-e6c70cc2-thumbnail.jpg?width=640&height=640&fit=bounds)
![[BDD 2025 - Artificial Intelligence] Building AI Systems That Users (and Comp...](https://cdn.slidesharecdn.com/ss_thumbnails/ai-buildingaisystemsthatusersandcompanieslove-251124030845-038f7732-thumbnail.jpg?width=640&height=640&fit=bounds)
![[BDD 2025 - Artificial Intelligence] AI for the Underdogs: Innovation for Sma...](https://cdn.slidesharecdn.com/ss_thumbnails/ai-aifortheunderdogsinnovationforsmallbusinesses-251124030839-72a599a4-thumbnail.jpg?width=640&height=640&fit=bounds)
![[BDD 2025 - Mobile Development] Crafting Immersive UI with E2E and AGSL Shade...](https://cdn.slidesharecdn.com/ss_thumbnails/md-craftingimmersiveuiwithe2eandagslshaderveronicaputrianggraini-251124030840-0c677f44-thumbnail.jpg?width=640&height=640&fit=bounds)
![[BDD 2025 - Full-Stack Development] PHP in AI Age: The Laravel Way. (Rizqy Hi...](https://cdn.slidesharecdn.com/ss_thumbnails/fs-phpinaiagethelaravelway-251125012602-ef9d330e-thumbnail.jpg?width=640&height=640&fit=bounds)
Money Laundering Via Crypto ATM
- 1. CRYPTO ATM MONEY LAUNDERING via YourLegal & Financial Guide
- 2. In many jurisdictions,cryptoasset ATMs remain unregulated – or of unclear regulatory status. This makes them an attractive target for criminals, who use ATMs to convert large amounts of cash into cryptoassets. Your Legal & Financial Guide 02
- 3.
- 4. Proceeds of illegalactivity Deposited in Crypto ATMs Cash deposited in criminal's bank account Crypto sent to beneficiaries wallet Crypto converted into fiat on exchange Funds withdrawn in cash
- 5. Criminals may alsorely on mules to funnel illicit funds through cryptoasset ATM networks. The use of widespread and complex money mule networks can create added challenges of detection and prevention for cryptoasset ATM operators. Your Legal & Financial Guide 05
- 6. Your Legal &Financial Guide WANT TO KNOW MORE? Connect With Me Adv. P. M. Mishra Lawyer & International Regulatory Expert