The principle behind money laundering laws is exactly like the one behind legislation like FOSTA. It makes people legally responsible for others using the serv

The principle behind money laundering laws is exactly like the one behind legislation like FOSTA. It makes people legally responsible for others using the services they provide in connection with a crime. It legally mandates that third party intermediaries act as deputies for regulatory agencies, and disallow private use of the services they provide. Laws like this effectively criminalize privacy in entire categories of human activity, in the name of preempting crime. It's an absolutely terrible way to try to manage risk, and concentrates power in the hands of governing institutions to extremely dangerous proportions.