Yhn BusinessCrypto first seen 16 h ago, last 16 h ago, peak #8
Study finds 2-6% of World Bank aid diverted to crypto wallets
Original: Around 2-6% of World Bank foreign aid got siphoned into crypto wallets
A new working paper estimates that roughly 2-6% of World Bank foreign aid may have been siphoned off into cryptocurrency wallets. The figure suggests a significant share of development funds is being diverted before reaching intended recipients, raising fresh questions about oversight of international aid flows and the role of crypto in laundering misappropriated money.
Why now: New research quantifying cryptocurrency-related leakage in World Bank aid has just drawn attention.
Rank over time, top of the chart is #1. 4 snapshots from 16 h ago to 16 h ago.
Evidence
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