Episode Details

This story was originally published on HackerNoon at: https://hackernoon.com/how-do-cyber-criminals-launder-money.
After cyber criminals steal or extort money, how do they actually spend it? Here are the ways these criminals clean dirty money.
Check more stories related to cybersecurity at: https://hackernoon.com/c/cybersecurity. You can also check exclusive content about #cybercrime, #cybercriminals, #fraud, #money-laundering, #cryptocurrency, #nft, #cybersecurity, #fraud-and-money-laundering, and more.

This story was written by: @zacamos. Learn more about this writer by checking @zacamos's about page, and for more stories, please visit hackernoon.com.

Criminals who don't want to get caught spending their ill-gotten gains must first clean their dirty money. Their money laundering techniques include money mules, fraudulent e-commerce sales, gig economy fraud, cryptocurrency exchanges, and buying and selling NFTs.