Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Explain in detail how the Mexican drug cartels use cryptocurrency to move their illicit finances under three categories. Digital or virtual currency secured by cryptography.

Explain in detail how the Mexican drug cartels use cryptocurrency to move their illicit finances under three categories.

Digital or virtual currency secured by cryptography.

No government oversight, regulation or taxation.

Internet-based payments.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Macroeconomics

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone

8th Canadian Edition

134646355, 9780134842615 , 978-0134646350

More Books

Students also viewed these Economics questions

Question

=+d) Can you reject the null hypothesis of part c? Explain.

Answered: 1 week ago

Question

Why should a business be socially responsible?

Answered: 1 week ago

Question

Discuss the general principles of management given by Henri Fayol

Answered: 1 week ago

Question

Detailed note on the contributions of F.W.Taylor

Answered: 1 week ago

Question

5. How can I help others in the network achieve their goals?

Answered: 1 week ago