The introduction of illegally gained funds into the legal financial system with the
Goal of covering up the funds' true origin is known as:

Question

Quizplus · Accepted Answer

Money laundering is the process of introducing illegal funds into the legal financial system to make it appear as though the money was acquired through legal means. This is usually done to avoid detection and prosecution for criminal activities such as drug trafficking or corruption. Digital currency, online banking, and denial of service attacks are not directly related to money laundering.

The Introduction of Illegally Gained Funds into the Legal Financial