Trillion-dollar gold industry complicit in laundering illegal gold

A New York Times investigation alleges that the global gold industry, including Wall Street and governments, knowingly integrates illegally mined gold from criminal networks and child labor into legitimate supply chains. The report claims the distinction between clean and dirty gold is a fiction, implicating major financial and state actors. This matters because it exposes systemic regulatory and enforcement failures in a trillion-dollar market, potentially triggering scrutiny and reform.