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prima:Law 22 and cryptocurrency scams are on the rise in Puerto Rico

According to the FBI, fraudsters are taking advantage of tax incentives on the island, while cryptocurrencies have become a way to money laundering and drug trafficking

October 19, 2022 - 9:39 AM

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This content was published more than 2 years ago.
El debut de la criptomoneda viene acompañado de un debate sobre si la gestión por parte de operadores profesionales e inversores institucionales contribuirá a su reconocimiento en los mercados o si su sonada volatilidad supondrá un peligro para ellos. (Ag
The FBI argued that crypto ATMs have become “a conduit” for fraud.

In addition to public corruption, which is the investigation priority, federal authorities in Puerto Rico are following the trail of multiple schemes involving a combination of money laundering, cryptocurrency activities, and sometimes even investment fraud, using Act 22-2012.

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