On April 6, the US Treasury launched an evaluation of how criminals leverage decentralised finance (defi) companies, exploiting service suppliers’ failure to stick to anti-money laundering and counter the financing of terrorism (AML/CFT) necessities.
“Our evaluation finds that illicit actors, together with criminals, scammers and North Korean cyber actors are utilizing defi companies within the means of laundering illicit funds,” stated Brian E Nelson, under-secretary of the Treasury for terrorism and
