CAMS · Question #997
Cryptocurrency-related technologies that can be exploited by money launderers include: (Select Two.)
The correct answer is C. privacy coins. D. crypto-mixers. C: Privacy coins (like Monero, Zcash) are designed to obscure transaction details, making tracing D: Crypto-mixers (or tumblers) mix potentially identifiable cryptocurrency funds with others, obscuring the source. "Privacy coins and mixing services are specifically cited as…
Question
Cryptocurrency-related technologies that can be exploited by money launderers include: (Select Two.)
Options
- Agenerative copilots.
- Bsmall language models.
- Cprivacy coins.
- Dcrypto-mixers.
How the community answered
(21 responses)- A19% (4)
- B10% (2)
- C71% (15)
Explanation
C: Privacy coins (like Monero, Zcash) are designed to obscure transaction details, making tracing D: Crypto-mixers (or tumblers) mix potentially identifiable cryptocurrency funds with others, obscuring the source. "Privacy coins and mixing services are specifically cited as high ML/TF risk tools, enabling greater anonymity."
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