3 ms·
I find it hilarious how every time people have little knowledge of a niche lucrative market they throw "it's probably money laundering" at it.
by redox99 4y ago
I find it hilarious how every time people have little knowledge of a niche lucrative market they throw "it's probably money laundering" at it.
- jamal-kumar 4y agoI'm really not just talking out of my ass here, this isn't something without precedent https://archive-yaleglobal.yale.edu/content/money-laundering-video-games-financial-times https://archive-yaleglobal.yale.edu/content/money-laundering...
- redox99 4y agoJust because CSGO is used to cash in stolen credit cards does not mean these multi thousand dollar skins are money laundering. The vast majority of people trading these high value skins are legit people. If you check their profiles, their discords, or the skin trading community in general, this is quite evident.
- dragonwriter 4y agoOnline gaming isn't a niche lucrative market, and its pretty well understood given the structural similarity to traditional money laundering magnet industries like casino gambling. And that money laundering has been drawn to it is... pretty well established.