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This tactic seeks to overwhelm compliance analysts, law enforcement, and blockchain analysts by performing thousands of transactions, both through DEXs and wallet-to-wallet transfers. Once the high-priced attempts to get more info hide the transaction path, the ultimate goal of this method will likely be to convert the cash into fiat currency, or forex issued by a authorities just like the US greenback or even the euro.
Furthermore, the SEC has collaborated with key tech corporations like Google and Meta to halt copyright's digital promoting endeavours concentrating on Filipino customers, although the copyright app stays accessible for down load on mainstream application stores.[133]}