User profiling can help regulators identify illegal crypto activity, says FATF

posted 8 months ago
FATF, whose guidance is heeded in more than 200 countries, said in a report Monday that it had identified certain behaviors and characteristics that serve as red flags for regulators trying to detect illegal or illicit transactions.

One of the primary methods, the international financial watchdog said, is to compare a user's transaction activity with that of their profile. For instance, it might be suspicious if a young user, with no known business interests, started receiving... from various parties all around the world.
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