I hear criminals keep using cash to launder money, but the central banks keep printing cash! Outrageous! Unbelievable behaviour! To jail with the lot, straight away!
> Then, by assuming that any cash that the surveyed consumers do not fess up to holding must be held for nefarious purposes, he concludes that 34 to 39 percent of all currency in circulation is used by criminals.[1]
By contrast only 14% of Tornado Cash activity has been traced to illegal activity.
I’m sure that far more cash transactions by volume are not money laundering compared to tornado cash. Tornado cash’s only real purpose is money laundering.