Norm Eisen’s claim that cryptocurrency funds drugs, human trafficking, and money laundering is misleading. Chainalysis data shows illicit transactions are only 0.15% of crypto activity, with legitimate uses like investment and remittances dominating. His conflict of interest allegation against Trump, tied to his regulatory role and UAE visits, lacks evidence of direct personal gain. In contrast, U.S. dollar cash drives $320–$400 billion in global drugs, $150 billion in human trafficking, and $1.6–$2 trillion in money laundering annually, per UNODC and FATF. Eisen weakens his case by ignoring the dollar’s massive illicit role.
