Birdwatch Note Rating
2023-12-07 20:31:43 UTC - HELPFUL
Rated by Participant: D2E1814F8E75AC66D4CADBF8E5C5770D2A6B6B83E468AB56E8B466B8B0681F69
Participant Details
Original Note:
Cash is used way more than crypto. The United Nations Office on Drugs and Crime (UNODC) estimates that between 2 and 5% of global GDP is laundered each year, which equates to approximately $800 billion to $2 trillion in current US dollars https://www.unodc.org/unodc/en/money-laundering/overview.html https://withpersona.com/blog/the-most-mind-blowing-money-laundering-statistics-of-2022
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