Joshua Scigala, CEO of the TheStandard.io, a new DeFi lending protocol and Founder of the bitcoin/gold exchange, Vaultoro said,

 “Right now, the vast majority of money laundering is done in fiat currency, because it's anonymous. Cryptocurrency like bitcoin will be used more for financial crime in the future, but detection of those crimes will come back to good old fashioned police work rather than simply following the money. Why? Because blockchains are becoming more and more private to a point where following it will be impossible. This is actually a positive thing, because it's dangerous that strangers can tell how much money you have; having no financial privacy leads to kidnappings and business competitors knowing someone's sources and markups. This is why financial transactions need to stay private. In the future, police forces will have to devote more resources to chasing these kind of crimes as tracing funds will become harder.”

Kirill Suslov, CEO of trading app, TabTrader, said,

“Bitcoin has one of the most sophisticated forensics services among all other crypto, making it ideal for tracking an illicit usage. National risk assessment of money laundering and terrorist financing performed by the Home Office showed that cash is a high risk for money laundering and terrorist financing, while cryptoassets are low-to-medium. So cash seizures should really make the headlines, not cryptocurrencies.”