Fiat Remains Preferred Currency for Criminals Although DeFi Protocols Are Becoming Popular Tools

Fiat Remains Preferred Currency for Criminals Although DeFi Protocols Are Becoming Popular Tools

Jan 26, 2022

As part of CoinDesk’s Privacy Week, Avivah Litan, Vice President and Analyst at Gartner Research, discusses why cybercriminals can run, but can’t hide in transparent cryptocurrency networks. Litan shares insights into criminal activity using fiat vs. crypto and the broader state of digital privacy. Plus, why have DeFi protocols become popular tools for money laundering. What’s the one thing that criminals get wrong about crypto?

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