2 ms·

they basically made money laundering legal

• whimsicalism 2y ago
  It is still illegal to launder money, but it is legal to develop contracts that facilitate laundering money. Sorta like section 230 but for crypto. But that is not the same as saying you will no longer prosecute fraud.
  • croes 2y ago
    Making money laundering of fraud money easy finding the fraudsters becomes nearly impossible. It’s still prosecuted just without result.
• __MatrixMan__ 2y ago
  Laundering is when you fake a legitimate source for the funds. Obfuscating the source is a different thing. Maybe it's still worth preventing: I'd prefer to know what kind of activity I've enabled when I accept somebody's money. Just if so, it's under a different label.