Real-World Asset Conversion
concept
Core idea
Spends illicit crypto directly on gift cards, luxury goods, or real estate, then resells or leverages those assets for clean fiat.
When to use
Point-of-sale or marketplace records show unusually large or repeated crypto payments, and the on-chain trail ends at the vendor.
Example
Illicit stablecoins buy luxury watches from a crypto-accepting dealer; the watches are resold for clean cash and the chain trail dead-ends at the vendor.
Related
Last updated on