ACAMS
CAMS · Question #437
When using virtual assets such as Bitcoin to finance terrorism, which tactic may be used to ensure that the virtual assets are not easily seized by law enforcement?
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Risks and Methods of Money Laundering and Terrorist Financing
Question
When using virtual assets such as Bitcoin to finance terrorism, which tactic may be used to ensure that the virtual assets are not easily seized by law enforcement?
Options
- AUsing self-hosted wallets to create many different donation addresses that are updated
- BPosting donation addresses that are linked to accounts at centralized virtual asset service
- CUsing the same donation address across multiple donation campaigns and media types
- DForming relationships with virtual asset service providers that have strong KYC processes in
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Topics
#virtual assets#Bitcoin#terrorist financing#self-hosted wallets