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Are Criminals Really Switching From Crypto to Gold for Money Laundering?

Summary by Bitcoin Ethereum News

The post Are Criminals Really Switching From Crypto to Gold for Money Laundering? appeared on BitcoinEthereumNews.com. In brief UK gangs are using gold coins, bars, and grain to hide drug profits, citing its portability, value, and lack of traceability. Experts note gold’s appeal amid a cashless shift, but warn that hard data on rising criminal use is scarce or anecdotal at best. While crypto is traceable, gold’s opacity makes it harder to track…

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Bitcoin Ethereum News

Are Criminals Really Switching From Crypto to Gold for Money Laundering?

Police note UK criminals are turning to gold, not crypto, to launder money—but is it a growing trend or just a glittering myth?

16 hours ago·New York, United States

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decrypt.co broke the news in New York, United States 16 hours ago on Wednesday, June 18, 2025.

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