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The article Surfing the First Wave of Cryptocurrency Money Laundering (on p. 217) states that the Bank Secrecy Act and the Money Laundering Control Act....have

The article Surfing the First Wave of Cryptocurrency Money Laundering (on p. 217) states that the "Bank Secrecy Act and the Money Laundering Control Act....have proven their effectiveness in the face of the first wave of cryptocurrency-enabled money laundering." 1. Why did the authors make this claim? 2. In answering this question, please discuss at least two examples of the way that current BSA/AML statutes and regulations can be used to deter cryptocurrency-enabled money laundering (in doing so you should focus on pp. 217-227)

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