Convicted buyers have been taking advantage of the falling prices of Bitcoin over the course of last year. Here are some of the most important things to know about this trend:
1. Convicted buyers are individuals who have been convicted of crimes such as money laundering or fraud. They are often looking for ways to move money around without being detected by law enforcement.
2. Bitcoin has become a popular tool for convicted buyers because it allows them to move money anonymously and quickly. When prices fell last year, many of these buyers saw an opportunity to buy up large amounts of Bitcoin at a discount.
3. While it is not illegal for convicted buyers to purchase Bitcoin, it is important for exchanges and other businesses in the cryptocurrency space to be vigilant about who they are doing business with. By taking steps to prevent money laundering and other illegal activities, these businesses can help ensure that Bitcoin remains a legitimate and valuable asset.
In summary, convicted buyers have been buying up cheap Bitcoin as prices fell over the course of last year. While this trend is not necessarily illegal, it is important for businesses in the cryptocurrency space to be aware of who they are doing business with and to take steps to prevent illegal activities.