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I know how Monero works. In fact, I’ve made several commits. > The people in control of the funds won't need to answer any questions about the origin in order
by rosndo 5y ago
I know how Monero works. In fact, I’ve made several commits.
> The people in control of the funds won't need to answer any questions about the origin in order to cash out because the origin of the funds are not known to the network
You misunderstand how AML/KYC laws work.
- 22c 5y agoI've cashed out Monero and I've also sent Monero to someone else in exchange for cash in hand. At no point did I need to reveal to any party what address I received those XMR on. There is no KYC process that I know of which asks for "the address you received your XMR on".