According to the FIC, crypto assets are vulnerable to abuse by criminals due to their potential use in cross-border transactions, the fact that crypto owners can use fictitious names and because transactions can occur seamlessly without being in-person.

Source: https://www.citizen.co.za/business/financial-intelligence-centre-moves-on-crypto/

Through FIC, the Danish government was also able to trace its four nationals – a mother and her three adult children.

Source: https://www.citizen.co.za/news/fic-lays-bare-money-launderers-fraudsters-flow-of-cash-into-sa/