LockBit extorted billions of dollars from victims, fresh leaks suggest

Authorities digging into LockBit's finances believe the group may have generated more than $1 billion in ransom fees over its four-year lifespan. That's according to the latest leak published today on LockBit's blog, now under the control of Operation Cronos, a global police collaboration, who analyzed 30,000 cryptocurrency …

[Panicnow]

Money Laundering

Money laundering admin cost me hours a year just to keep my bank account active, Yet, Lockbit can launder $Billions.

I'm reminded of "Me thinks they complain too much".

Bitcoin et al are simply a money laundering scams. That SEC and Governments haven't shut them down, confirms to me it is because they are getting their back-handers in Bitcoin!