Cryptocurrency is often described as being transparent, but this same characteristic can be exploited. Bitcoin and Ethereum allow anyone to see transaction details, which, while promoting openness, also facilitates illicit activities such as money laundering, ransomware attacks, and darknet trading, making it easier for these actions to evade traditional oversight.

Cryptocurrency is often described as being transparent, but this same characteristic can be exploited. Bitcoin and Ethereum allow anyone to see transaction details, which, while promoting openness, also facilitates illicit activities such as money laundering, ransomware attacks, and darknet trading, making it easier for these actions to evade traditional oversight.