3 ms·
In many countries (including most states in the US), comingling funds between users is how you go to "jail" as it is usually a criminal offense. see: Money Tra
by withinboredom 2y ago
In many countries (including most states in the US), comingling funds between users is how you go to "jail" as it is usually a criminal offense.
see: Money Transmission laws
- throwaheyy 2y agoThat by itself is not commingling. Money is fungible, and https://en.m.wikipedia.org/wiki/Float_(money_supply) https://en.m.wikipedia.org/wiki/Float_(money_supply) is a well established and widely used concept.
- withinboredom 2y agoIf you send another person’s money to a different person, they effectively came from the same account and are therefore commingled. Your money is fungible, other people’s is not (unless you are a bank). Some states have laws against floating, some do not.