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Once you have crypto in a clean account, what's the problem with providing KYC to convert it to fiat through any exchange?
by AlexanderTheGr8 5y ago
Once you have crypto in a clean account, what's the problem with providing KYC to convert it to fiat through any exchange?
- openhandcrimp 5y agoI was thinking that there are probably thresholds that trigger alarms when large amounts of crypto are converted to fiat. If crypto is coming from a clean address, there is not evidence of illegal activity. But there is still the question of where those funds originated. So I am not sure if government entities can seize those assets...