3 ms·

The real cop-out is that HSBC and friends launder more money for terrorists and human traffickers on a bad day than your typical local racket does in a year, an

The real cop-out is that HSBC and friends launder more money for terrorists and human traffickers on a bad day than your typical local racket does in a year, and they only ever receive a token fine and slap on the wrist.

anigbrowl 3y ago
Also true, but not germane to this discussion.
- nateabele 3y ago
  It’s germane in the sense that what you’re arguing against is a rounding error by comparison, consequently, not a material argument against cash-based money laundering in any meaningful sense.