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Apologizes, I meant to say that if you owned the application, it would be a super easy way to launder. Especially due to the sheer volume of similar apps on the
by GaryNumanVevo 6y ago
Apologizes, I meant to say that if you owned the application, it would be a super easy way to launder. Especially due to the sheer volume of similar apps on the play store and numerous grey-market giftcard processors.
dirty cash -> giftcards -> casino app -> app developer
- badRNG 6y agoThat certainly sounds plausible. I wonder if a 30% cost for big players is considered acceptable in money laundering. North Korea laundered $81 million (that they stole from banks) through Philippine casinos [1], so it isn't an outrageous idea that an app could be used for money laundering. [1] https://www.bloomberg.com/news/features/2017-08-03/a-baccarat-binge-helped-launder-the-world-s-biggest-cyberheist https://www.bloomberg.com/news/features/2017-08-03/a-baccara...