Quote from: Pelunize12 on November 27, 2019, 12:04:38 PM

Quote from: CjMapope on November 24, 2019, 10:44:42 PM

Quote from: absurde on November 19, 2019, 02:52:07 PM

As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning? If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?

it COULD be money laundering, but that wouldn't be my first guess haha Tongue

They are just making profits
Whales manipulate and control supplies of small cap coins, they can take only a few BTC in some cases, move a coin 200+%, and get others to FOMO in
Then they dump the cheap coins the have been collecting for weeks of the small cap coin. Rinse and Repeat. In crypto its not even illegal as theres no one regulating body monitoring ALL exchanges : /

all you explain is pump and dump scheme, not money laundering. both are different.
but, i agree that's the reason why there are many pumps shitcoin at DEX
we all know that DEX has low volume, and it makes easier to do pump and dump scheme

Quote

Money laundering is the process of making large amounts of money generated by a criminal activity, such as drug trafficking or terrorist funding, appear to have come from a legitimate source. The money from the criminal activity is considered dirty, and the process "launders" it to make it look clean. Money laundering is itself a crime.

All this Sounds rather deplorable, because all situations when cryptocurrency is used in various illegal actions causes negative for me. On the one hand, I am very worried about the information when law enforcement authorities say that someone is selling drugs or weapons with the help of cryptocurrency, as well as using the cryptocurrency to launder funds obtained by criminal means. This could lead to a ban on cryptocurrency. But if you look from the other side, the state can fully legalize cryptocurrency in order to control the amount of money in the cryptocurrency market and have access to information about the sources of income of each cryptocurrency user. This can play a very good role in the implementation of further plans of users to use cryptocurrency in everyday life of a person.