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General Discussion

Ford_Prefect

(8,393 posts)

17. From the time it was conceived Crypto was designed and intended to bypass normal regulation and identity records to

Reply to Bluetus (Reply #12)

Mon Jun 9, 2025, 09:10 PM

6 hrs ago

avoid taxation and other financial regulation. The purveyors have bragged that it keeps state, national, and international agencies from seeing who owns, trades, and manipulates the money, making it perfect for illegal transactions and money laundering.

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Tech Crypto CEO accused of laundering $500 million linked to sanctioned Russian banks [View all] nitpicked 9 hrs ago OP

Just a guess... after a few months of rescheduling court dates, and it ain't big news anymore Torchlight 9 hrs ago #1

From the DoJ PR nitpicked 9 hrs ago #2

Surprise Surprise Surprise Faux pas 9 hrs ago #3

Thanks, you said it for me. mdbl 7 hrs ago #13

You're welcome Faux pas 6 hrs ago #16

so trump/musk/thiel didn't get their cut. ret5hd 9 hrs ago #4

most crypto is just money laundering and tRump crypto a way to get russian money to the tRump crime family. nt ImNotGod 9 hrs ago #5

"Most"? Seems to me it is ALL just scams. Bluetus 9 hrs ago #7

Buying ayahuasca on the dark web JoseBalow 6 hrs ago #15

Serious question: Is there actually ANY use of cryopto for legitimate transactions? Bluetus 9 hrs ago #6

Your scenario is the art collector's view. BadgerKid 8 hrs ago #9

Really? Bluetus 8 hrs ago #12

From the time it was conceived Crypto was designed and intended to bypass normal regulation and identity records to Ford_Prefect 6 hrs ago #17

Pardon incoming RSN 0rganism 9 hrs ago #8

This is why Trump has a "Pardons Czar". Pay the Czar enough and go on your way. Midnight Writer 8 hrs ago #10

How long until Orange Julius Seizure Hassler 8 hrs ago #11

As long as people are stupid enough to buy into it mdbl 7 hrs ago #14

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