Viewing a single comment thread. View all comments

Icanbotthinkofaname t1_j50l1gi wrote

Reply to comment by Constant-Ad9398 in Russian founder of cryptocurrency exchange arrested in Miami, accused of dealing with dirty money as part of "high-tech axis of crypto crime" by Clem_Doore

I plead the fifth! lol

Seriously though, it was designed to bypass banks and governmental oversight aka money laundering.

0

Constant-Ad9398 t1_j50ld3h wrote

Doesn't seem to work that well since they keep getting caugth

3

Icanbotthinkofaname t1_j50lkub wrote

I didn't say it was a good way to do it, I said it's what it was designed for.

Just pay your percentage and the laundromat

−1

Constant-Ad9398 t1_j50mndv wrote

If i was doing money laundering I'd prefere to use a bank, cartels, inside traders, billionaires etc. use it all the time and they seems to get away with it or use one of the many loopholes in our financial system like donate art or have my own charity organizations or something like that

2

statslady23 t1_j50p9vp wrote

Our local drug dealers used the nail salons. Those nail salon owners had the nicest cars- and never any customers.

1

statslady23 t1_j50ox72 wrote

When you give your dark money to someone, you might expect them to skim a little fee off the top, instead the exchanges are keeping it all and spending it, lol.

0