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Excuse me Mr. Smith, where did that 50k that just appeared in your bank account came from? Where are you sending your money to? The IRS at el. will be all over
by me_me_me 6y ago
Excuse me Mr. Smith, where did that 50k that just appeared in your bank account came from?
Where are you sending your money to?
The IRS at el. will be all over this in no time.
There is going to be an terrorist attack made using BTC as funds - a new patriot act and suddenly touching crypto makes you a suspected terrorist.
- CyberRabbi 6y agoYes I agree with you.
- nradov 6y agoIRS audits aren't the only concern. US banks are also required to submit a Suspicious Activity Report (SAR) when they see evidence of money laundering. Don't tell the small fish to break those laws, the consequences can be severe. https://www.occ.treas.gov/topics/supervision-and-examination/bank-operations/financial-crime/suspicious-activity-reports/index-suspicious-activity-reports.html https://www.occ.treas.gov/topics/supervision-and-examination...
- CyberRabbi 6y agoThat’s a great point.