because crypto can be untraceable, it’s possible to convert actual money into it via buying it, then pass the money along without a strong paper trail. This is one of the reasons Ancaps and silkroaders are so into currencies like bitcoin.
edit: I should add an example, so uhm.
Hypothetically speaking, let’s say someone stole a few thousand dollars from the company they work for. They could use that money, straight from the company account, to buy bitcoin. That bitcoin is sent to their crypto wallet anonymously, they then use it to buy an NFT that they put onto the market, thus adding a respectable but not suspicious inflow of money into their bank account.
because crypto can be untraceable, it’s possible to convert actual money into it via buying it, then pass the money along without a strong paper trail. This is one of the reasons Ancaps and silkroaders are so into currencies like bitcoin.
edit: I should add an example, so uhm.
Hypothetically speaking, let’s say someone stole a few thousand dollars from the company they work for. They could use that money, straight from the company account, to buy bitcoin. That bitcoin is sent to their crypto wallet anonymously, they then use it to buy an NFT that they put onto the market, thus adding a respectable but not suspicious inflow of money into their bank account.