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  • What are Unknown Illegal Funds?
    Unknown illegal funds refer to money or assets that have been obtained through illegal activities, but their origin is not known or cannot be traced. These funds are often referred to as "dirty money" and can come from activities such as drug trafficking, human trafficking, terrorism, and other criminal activities. Unknown illegal funds can be difficult to detect and track because the individuals involved in these activities often go to great lengths to conceal their activities and avoid detection by law enforcement agencies. However, governments and financial institutions have put in place measures to detect and prevent money laundering and terrorist financing activities that often involve unknown illegal funds. These measures include Know Your Customer (KYC) requirements, anti-money laundering (AML) regulations, and other financial intelligence efforts.
  • I never did anything Illegal, why should I worry about my crypto being illegal?
    Great Question! Crypto funds, like any other funds, can be either legal or illegal. The use of cryptocurrency has become popular in recent years due to its relative anonymity and ease of use, which can make it an attractive option for criminals seeking to conceal their financial activities. With that said, law enforcement is using advanced tools and the level of transparency that the blockchain offers to trace such funds and is able to map the transactions. As an individual, you should be aware that you might be in posession of such illegal funds and that while you are not at fault the funds in your wallet can be subject to freezing, investigations and even confiscation.
  • How can I know if my crypto funds are clean?
    Chain Tracing is a data analysis company providing services using the Chainalysis platform. Chainalysis is a blockchain analysis company that provides data and analysis to government agencies, financial institutions, and cryptocurrency businesses to help them detect and prevent financial crimes involving cryptocurrencies. Chainalysis uses data analytics, machine learning, and blockchain technology to track cryptocurrency transactions and identify patterns that may be indicative of illegal activity. They work with law enforcement agencies to help them trace and recover cryptocurrency used in illegal activities such as money laundering, drug trafficking, and terrorism financing. By using Chain-Tracing services you are receiving the same information that law enforcement is receiving, allowing you to have peace of mind knowing your risk level.
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