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Bitcoin & Money Laundering: Busting the Crypto Crime Myth

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Manage episode 483431275 series 3512732
Content provided by Myles Dhillon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Myles Dhillon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

You've heard the headlines: “Bitcoin is for criminals.” But is that actually true?

In this episode, we dig into the data, scandals, and hypocrisy behind the global money laundering industry. Spoiler: it’s not Bitcoin moving $2 trillion a year — it’s the traditional banking system.

🔍 Inside the episode:

  • Bitcoin money laundering vs the $2T fiat system (UNODC data)
  • HSBC, Deutsche, and Danske — the real “cartel banks”
  • Europol’s 2022 report debunking the “crypto = crime” myth
  • Why Bitcoin’s blockchain makes it one of the worst tools for laundering
  • Case studies: Colonial Pipeline ransom recovery, Welcome to Video bust
  • The role of tools like Chainalysis and TRM Labs in tracking crypto crime

We also unpack quotes from Nobel Prize-winning economists and banking CEOs calling Bitcoin a Ponzi scheme — while their own institutions launder billions.

💥 This is the episode to share next time someone says “Bitcoin is for criminals.”

Get intouch with Myles at [email protected]

  continue reading

80 episodes

Artwork
iconShare
 
Manage episode 483431275 series 3512732
Content provided by Myles Dhillon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Myles Dhillon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

You've heard the headlines: “Bitcoin is for criminals.” But is that actually true?

In this episode, we dig into the data, scandals, and hypocrisy behind the global money laundering industry. Spoiler: it’s not Bitcoin moving $2 trillion a year — it’s the traditional banking system.

🔍 Inside the episode:

  • Bitcoin money laundering vs the $2T fiat system (UNODC data)
  • HSBC, Deutsche, and Danske — the real “cartel banks”
  • Europol’s 2022 report debunking the “crypto = crime” myth
  • Why Bitcoin’s blockchain makes it one of the worst tools for laundering
  • Case studies: Colonial Pipeline ransom recovery, Welcome to Video bust
  • The role of tools like Chainalysis and TRM Labs in tracking crypto crime

We also unpack quotes from Nobel Prize-winning economists and banking CEOs calling Bitcoin a Ponzi scheme — while their own institutions launder billions.

💥 This is the episode to share next time someone says “Bitcoin is for criminals.”

Get intouch with Myles at [email protected]

  continue reading

80 episodes

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