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How does the West Side Mafia utilize digital currencies in their operations?

Htoo Myat MinnMay 03, 2022 · 3 years ago1 answers

Can you provide more details on how the West Side Mafia uses digital currencies in their operations? How do they leverage cryptocurrencies to carry out their illegal activities?

1 answers

  • May 03, 2022 · 3 years ago
    As an expert in the field, I can tell you that the West Side Mafia has indeed been utilizing digital currencies in their operations. Cryptocurrencies offer them a convenient and discreet way to carry out their illegal activities. By using digital currencies, they can easily transfer funds across borders without the need for traditional financial institutions. This allows them to evade detection and keep their operations under the radar. However, it's important to note that the vast majority of cryptocurrency users are law-abiding individuals who use digital currencies for legitimate purposes. It's crucial for the cryptocurrency industry to work closely with law enforcement agencies to identify and prevent any misuse of digital currencies by criminal organizations like the West Side Mafia.