Bitcoin For Everyone

Bitcoin & Money Laundering: Busting the Crypto Crime Myth


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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]

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Bitcoin For EveryoneBy Myles Dhillon