ACAMS
CAMS · Question #785
Common risks associated with cryptocurrency and convertible virtual currencies include: (Choose three.)
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Risks and Methods of Money Laundering and Terrorist Financing
Question
Common risks associated with cryptocurrency and convertible virtual currencies include: (Choose three.)
Options
- Afunds being stolen from other users.
- Bobscuring the source of illicit funds.
- Clayering transactions to hide the origin of funds derived from illicit activity.
- Ddifficulty converting into physical currency.
- Efacilitating payment for other illicit activities and goods.
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Topics
#cryptocurrency#virtual currencies#layering#money laundering risks