Blockchain security firms say bad actors typically move altcoins into Ether to prepare for laundering, as the native token has no built-in means to get frozen.

WazirX, Spot On Chain, Beosin, Peckshield, Proof-of-Reserves, Hack, Ether, Shiba Inu, Polygon, Mixer, Money LaunderingRead More

You might also be interested in reading Report Reveals Limited Accounting Records, Commingled Funds at FTX Digital Markets in the Bahamas.