FOR THE criminally minded, the attract of cryptocurrencies is simple to know. Decentralised on-line ledgers known as blockchains permit digital property, within the type of “tokens”, to be moved with out monetary establishments monitoring what is occurring for indicators of money-laundering or different wrongdoing. Chainalysis, a crypto-investigations agency in New York, tallied greater than $53bn in suspected crypto-laundering in 2022-23, practically double its estimate for the earlier two years. Nicholas Sensible of the Dubai workplace of Amsterdam-based Crystal Intelligence, one other investigator, quips that with blockchains, “Anybody can change into a financial institution.”