5 ms·
Makes you wonder how many tech companies are (unknowingly, hopefully) laundering money. You could pull off this kind of money laundering through a lot of servic
by dont__panic 5y ago
Makes you wonder how many tech companies are (unknowingly, hopefully) laundering money. You could pull off this kind of money laundering through a lot of services -- Etsy, Taskrabbit, tons of others -- by simply listing extremely overpriced items that nobody would ever buy legitimately. And I suppose if any poor sap ever wandered in and actually bought the thing you're selling, instead of just laundering money... you could always just provide that service anyway.
- wardedVibe 5y agoI mean, there's a lot of speculation that this is exactly what NFT art is most commonly used for.
- voldacar 5y agophysical art too
- 8ytecoder 5y agoI'd guess, it's easier with art than any of the other options listed. IF, they are caught and audited, it would be hard to justify paying $10,000 to install a TV mount. On the other hand, who can question (or prove in court) that a $100,000 painting isn't worth $100,000.
- Finnucane 5y agoIf you look through the listings of used books for sale via ABE or Bookfinder, you can find a lot of listings at irrationally high prices. There's been grumbling that something like that is going on, but of course, mainly hearsay.