Israeli crime groups increasingly use Bitcoin, Tether for money laundering

Israeli crime groups are increasingly using Bitcoin and Tether for money laundering, according to a report. This trend complicates law enforcement efforts and necessitates advanced international cooperation. The rise in crypto-based laundering highlights the challenges regulators face in tracking illicit funds across borders, as digital assets provide anonymity and speed. Authorities are urged to enhance cross-border collaboration to combat this growing threat.