MENU
A customer sends funds to multiple newly created wallets before cashing out via an exchange. This is an example of:
Suggested Answer: C
Get Premium CCAS Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
This process is layering, designed to hide the source of funds through multiple new wallets before integration into the financial system.
21 comments · newest first
MI
Mi
10 months ago
Dusting doesn’t fit here at all.
AL
Alpha
10 months ago
Totally agree, it’s layering for sure.
KA
Kathrine
10 months ago
I thought it was structuring?
AN
Anabel
11 months ago
This is definitely layering.
CO
Cora
11 months ago
Wait, are we sure about that?
MA
Martin
11 months ago
Dusting doesn't seem right here; it’s usually about sending tiny amounts to many wallets. This feels more like layering to me, but I need to double-check.
BO
Bong
11 months ago
I feel like this could be chain hopping since they are moving funds between wallets before cashing out. But I'm not completely confident in that.
RO
Rozella
12 months ago
I remember practicing a question about layering, which involved moving funds through different wallets. This seems similar, but I can't recall the exact details.
LE
Leota
1 year ago
I think this might be structuring, but I'm not entirely sure. It sounds like breaking up transactions to avoid detection.
CA
Carman
1 year ago
Structuring, chain hopping, layering... this question is testing our knowledge of different money laundering techniques. I'll have to review my notes before deciding.
GA
Galen
1 year ago
I've seen this type of activity before. Based on the description, I'd say the answer is A - Structuring.
SC
Scarlet
1 year ago
Okay, let me see. Sending funds to multiple wallets before cashing out... I think that's got to be Layering, so I'll go with C.
ST
Stephane
1 year ago
Hmm, I'm a bit unsure on this one. I'll have to think it through carefully before answering.
MO
Mollie
1 year ago
This one seems straightforward. I'm pretty sure the answer is A - Structuring.
RO
Ronna
1 year ago
I disagree, I believe it's A) Structuring.
LA
Lakeesha
1 year ago
I think it's C) Layering.
ST
Stefan
1 year ago
I think the answer is B) Chain hopping. The customer is moving funds across multiple wallets to obscure the trail.
ER
Ernie
10 months ago
I thought layering was the right term for this.
WE
Wenona
10 months ago
But isn't that more about moving between different blockchains?
IZ
Izetta
10 months ago
I see your point about chain hopping.
FE
Fernanda
11 months ago
Structuring seems to fit too, since it's about breaking up transactions.