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The WaPo's title is deceptive. It should be "Men charged with laundering more than $1B using cryptocurrency." Honestly that would not have caused me to read t
by gumby 3y ago
The WaPo's title is deceptive. It should be "Men charged with laundering more than $1B using cryptocurrency."
Honestly that would not have caused me to read the article. I clicked because I didn't really know what laundering cryptocurrency itself would involve, except a "washing machine" site (which is of course this is). I was hoping to learn something new.
The way to win with a washing machine is to run one, and then when the volume gets high enough just take all the crypto for yourself -- by definition you'd be untraceable, just as your customers wanted.