3 ms·
Bitcoin is a _terrible_ way to launder money. Not only are the onramps/offramps not anonymous - but it has so much attention that entire federal task forces are
by wp381640 6y ago
Bitcoin is a _terrible_ way to launder money. Not only are the onramps/offramps not anonymous - but it has so much attention that entire federal task forces are setup for $30k buy-and-busts
You'd use bitcoin for money laundering if you want to stand out and get caught. There's still nothing better than the tried-and-tested old cash, casino junket, money exchange and/or import/export businesses to launder money.
There's a reason why the most recent crop of darkweb drug markets have switched almost entirely to Monero