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Yes, but the money isn't generated from that crime. The question is not whether a crime occurred. The question is whether money laundering occurred.
by CryptoPunk 5y ago
Yes, but the money isn't generated from that crime. The question is not whether a crime occurred. The question is whether money laundering occurred.
- oh_sigh 5y agoFrom wikipedia for money laundering: > Today its definition is often expanded by government and international regulators such as the US Office of the Comptroller of the Currency to mean "any financial transaction which generates an asset or a value as the result of an illegal act", which may involve actions such as tax evasion or false accounting.
- CryptoPunk 5y agoI contend that this definitional expansion is misleading, as it associates crimes with unrelated concepts in people's minds.