Post
Topic
Board Bitcoin Discussion
Re: Money laundering via BTC
by
pinggoki
on 19/04/2021, 10:53:39 UTC
Hi guys ! My name’s Dave.
ข่าวกีฬา
Is it possible to do money laundering via bitcoin? I mean as no one knows if you have bitcoin and how much bitcoin do you actually own, it could be used to convert black money to white right? Or at least store your black money without much hassle. But there is the risk of its value but I think for people who have lots of black money and don't want to be caught, this risk might be worth taking for them isn't it?
What are your thoughts?
Actually it is really possible to do money laundering through the used of bitcoin as bitcoin is really hidden in which no one will be able to know if you already holding a bitcoin because your the only one knows your wallet and no one will be able to have access on it. As I've been watching several videos including reading the different stories of Xian Gaza in which they can hide their money or do some illegal things by just hiding their money into cryptocurrency especially in bitcoin and no one will be able known of this because they can transfer it to different wallets in order for them to be not trackable.