Acams CAMS-FCI Exam - Topic 2 Question 20 Discussion

Actual exam question for Acams's CAMS-FCI exam

Question #: 20
Topic #: 2

[All CAMS-FCI Questions]

A criminal is engaged in chain hopping while trying to launder ransomware payments. The criminal will likely:

Aobscure the funds using a mixer.

Bconvert the funds to a different type of cryptocurrency.

Cstore the funds in a cold wallet.

Dmove the funds to an offshore cryptocurrency wallet.

Show Suggested Answer

Suggested Answer: B

Chain hopping is a technique used by criminals to obscure the traceability of cryptocurrency transactions by converting the funds to a different type of cryptocurrency, often using multiple exchanges or platforms. The other options are not related to chain hopping. Reference: Advanced CAMS-FCI Study Guide, page 38.

by Nida at Aug 17, 2025, 09:38 PM

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Lenita

2 months ago

Totally agree, a cold wallet is a smart move too!

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Reta

2 months ago

Wait, can you really just move funds to an offshore wallet like that?

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Christoper

3 months ago

I think converting to a different crypto is more common.

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Sang

4 months ago

Mixing is a classic method for laundering, no doubt!

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Edwin

4 months ago

Definitely using a mixer to hide those funds!

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Mitsue

4 months ago

Moving funds to an offshore wallet sounds plausible too, but I think it’s more about hiding assets than laundering directly.

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Mabel

4 months ago

Storing in a cold wallet seems more about security than laundering, but I guess it could be part of the process?

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Claudio

4 months ago

I'm not entirely sure, but I feel like converting to a different cryptocurrency could also be a tactic, like in some practice questions we did.

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Leana

5 months ago

I remember studying that mixers are often used to obscure the trail of funds, so I think A might be the right choice.

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Chandra

5 months ago

I'm a bit confused on this one. The options all seem plausible, but I'm not sure which one is the most likely approach for a criminal laundering ransomware payments. I'll have to think this through carefully.

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Rosann

5 months ago

I'm pretty confident the answer is D. Moving the funds to an offshore cryptocurrency wallet would be a good way for the criminal to get the money out of the country and make it harder to trace.

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Earlean

5 months ago

Hmm, this is a tricky one. I'm not entirely sure, but I'm leaning towards B. Converting the funds to a different cryptocurrency could also help hide the trail.

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Marnie

5 months ago

I think the answer is A. Obscuring the funds using a mixer seems like the most logical way for a criminal to launder ransomware payments and cover their tracks.

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