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World Bank foreign aid siphoned into crypto wallets, study finds

A study from the National Bureau of Economic Research indicates that between 2% and 6% of foreign aid distributed by the World Bank was illicitly transferred into cryptocurrency wallets. This suggests a significant portion of international aid funds may be vulnerable to misappropriation through digital assets. AI

RANK_REASON Research paper detailing findings on financial flows. [lever_c_demoted from research: ic=1 ai=0.1]

Read on Mastodon — mastodon.social →

AI-generated summary · Google Gemini · from 2 sources. How we write summaries →

World Bank foreign aid siphoned into crypto wallets, study finds

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Research paper detailing findings on financial flows. [lever_c_demoted from research: ic=1 ai=0.1]
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COVERAGE [2]

  1. Mastodon — mastodon.social TIER_1 English(EN) · [email protected] ·

    The first packet sent via RFC1149 avian carrier is up for auction at Christie's Article URL: https:// onlineonly.christies.com/s/fin e-printed-books-manuscripts

    The first packet sent via RFC1149 avian carrier is up for auction at Christie's Article URL: https:// onlineonly.christies.com/s/fin e-printed-books-manuscripts-science/carrier-pigeon-internet-protocol-150/325216 Comments URL: https:// news.ycombinator.com/item?id=4 9932911 Point…

  2. Mastodon — mastodon.social TIER_1 English(EN) · [email protected] ·

    Around 2-6% of World Bank foreign aid got siphoned into crypto wallets Article URL: https://www. nber.org/papers/w35655 Comments URL: https:// news.ycombinator.

    Around 2-6% of World Bank foreign aid got siphoned into crypto wallets Article URL: https://www. nber.org/papers/w35655 Comments URL: https:// news.ycombinator.com/item?id=4 9936725 Points: 6 # Comments: 0 https://www. nber.org/papers/w35655 # Tech # Technology # TechNews # AI # …