Trust the banks when they say that crypto is used for money laundering

At one point in life, you need to follow experts' advices to stay successfull.

As for me, I will follow the advice of the banks who say that cryptos are used for money laundering and other illicit acts.

You know why?

Because some are experts in the field.

Take UBS for example. Since 2000, they have paid USD 16 billion in fines in 98 different judgements according to violation tracker.

The bank has just received a new fine of EUR 1.8 billion today. Even better! They are expert!

As experts, banks should understand that they can remain incognito and continue business as usual in their money laundering activities thanks to cryptos.

They should at least start putting their money where their mouth is!

Imagine all the money inflow from money laundering in cryptos! The prices would go the moon!

And that is super bullish for cryptos!

TL;dr: if cryptos are used for money laundering, banks should use them for their shady activities. This will lead to an increase in prices!