Comment by derangedHorse

It isn't, banks are way better and cash is still king:

https://www.cnn.com/2024/10/10/investing/td-bank-settlement-...

https://www.icij.org/investigations/fincen-files/global-bank...

https://www.investopedia.com/stock-analysis/2013/investing-n...

https://www.coinbase.com/blog/fact-check-crypto-is-increasin...

Even from SWIFT: "Identified cases of laundering through cryptocurrencies remain relatively small compared to the volumes of cash laundered through traditional methods" https://www.swift.com/sites/default/files/files/swift_bae_re...

What you're saying is simply unsubstantiated.