Post
Topic
Board Bitcoin Discussion
Re: Is blockchain.info illegal?
by
bg002h
on 05/09/2012, 13:51:45 UTC
Blockchain.info, aside from being a great tool and web wallet, offers and advertises a coin mixer service - or to put it in plain English, a money laundering service. Under what jurisdiction is money laundering legal??

bitcoins are no money so they cannot be laundered.

 I think anything can be laundered, not just fiat money and Bitcoin money. All laundering is is an attempt to conceal the identities/amounts of a transfer...of anything.

Doubt there has been any case yet to clearly decide if laundering services are illegal.