Imagine Bitcoin like digital cash. A man used Bitcoin, a type of cryptocurrency, to hide money he made selling illegal drugs online. This is called money laundering – making dirty money look clean.
The police caught him because they can trace Bitcoin transactions. He got a long prison sentence. It shows how governments are working hard to stop criminals from using cryptocurrency to hide their crimes. This is part of a larger effort to stop crypto being used for illegal things.
- A man was caught using Bitcoin to hide money from selling drugs.
- He got 87 months in jail (that's over 7 years!).
- Police are getting better at tracking cryptocurrency.
| Fact | Number |
|---|---|
| Years in Jail | 87 months |
| Approximate Money Laundered in 2024 (estimated) | Over $40 billion |
