Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
http://www.bloomberg.com/news/articles/2016-05-05/a-cartel-and-a-briefcase-how-drug-cash-moves-on-a-river-of-gold
"If I had a lot of money to launder, I would choose gold, says John Cassara, a former U.S. Treasury special agent and author of books on money laundering. "Bitcoin is full of criminals, the dumb ones flock to it like flies to shit, placing it under intense scrutiny of crime prevention agencies around the world. Having a bitscoin wallet, or even mentioning bitcoins, is akin to painting "Arrest me! I'm an incompetent criminal" sign on your back, not something you'd want to do. The noose is tightening around crypto's unwashed, scrawny neck, and, with the creator of online money Liberty Reserve getting thrown in prison for 20 years
, the bitcoins jig is nearly up."
"If I had a lot of money to launder, I would choose gold, says John Cassara, a former U.S. Treasury special agent and author of books on money laundering. "Bitcoin is full of criminals, the dumb ones flock to it like flies to shit, placing it under intense scrutiny of crime prevention agencies around the world. Having a bitscoin wallet, or even mentioning bitcoins, is akin to painting "Arrest me! I'm an incompetent criminal" sign on your back, not something you'd want to do. The noose is tightening around crypto's unwashed, scrawny neck, and, with the creator of online money Liberty Reserve getting thrown in prison for 20 years
, the bitcoins jig is nearly up."Hmm...