Post
Topic
Board Legal
Re: What does cryptocurrency money laundering means???
by
olubams
on 29/03/2017, 21:04:45 UTC
ok so if u didnt steel money... just invested it in bitcoin then traded for exmaple: monero or dash and sold it for a lot more is not considered money laundry? am i correct?

It will only be considered money laundering to the best of my knowledge if you are trying avoid paying the necessary dues to government. There is a laws that says you can't carry more than $10000 or even transfer more than that at with the exception that when you do, you must be ready to explain where it came from all else it will be regarded as money laundering so its all about disclosure and what the law says...