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Crooks opt for Monero as crypto of choice to launder ill-gotten gains

Retrieved on: 2018-03-16 00:07:30

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<div>Crooks are increasingly turning to Monero over Bitcoin, according to a new study on the <b>economics</b> of cybercrime. "Platforms like Monero are designed to be truly anonymous, and tumbler services like CoinJoin can [further] obscure transaction origins," said Dr Mike McGuire, senior lecturer in criminology ...</div>

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