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The article is about setting the reporting threshold to zero, not to some meaningful number that would prevent crime. What would be a comfortable purchase amoun
by miohtama 5y ago
The article is about setting the reporting threshold to zero, not to some meaningful number that would prevent crime. What would be a comfortable purchase amount for you that you would like to have someone else to read your receipts?
For the perspective, the FAFT recommendation is $1000.
- jacquesm 5y agoThat reporting threshold is a direct consequence of tricks like mixers and other anonymizers. It is a neat tech trick but it is also just another form of smurfing / structuring.
- miohtama 5y agoDo you think there could better ways to automate smurfing detection that setting the reporting threshold to zero?