Criminals in the UK are increasingly using gold instead of cryptocurrencies to launder money. The advantages of gold include its portability, stability, and less traceable nature compared to digital currencies, even though it can be bulkier to transport.
Despite anecdotal reports of rising gold usage for money laundering, experts emphasize the lack of solid data supporting this trend. Criminal activity involving gold is not as well-documented as that associated with cryptocurrencies, which are traceable.
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