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Question 367

An individual opens an e-account in an off-shore gambling website using non-documentary
verification and creates an e-wallet on a mobile device. In order to add funds to the account, the
individual uses a credit card, wire transfers, cryptocurrency, and a money service business. Which
source of money represents more risk of money laundering?

  • A. Wire transfer
  • B. Cryptocurrency Most Votes
  • C. Money service business
  • D. Credit card
Answer:

B


Explanation:
Reference:
https://complyadvantage.com/knowledgebase/money-laundering-crypto-exchanges/

User Votes:
A 2 votes
50%
B 54 votes
50%
C 16 votes
50%
D 2 votes
50%
Discussions
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AnaA.
1 year, 1 month ago

B. Crypto-monnaie