Post
Topic
Board Bitcoin Discussion
Re: Money laundering via BTC
by
Ebede
on 19/04/2021, 17:49:02 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?

I think crypto can be used for money laundry since banks which are the financial institutions can not regulate the activities of crypto,it can then be used for any illegality. but it was not the initial purpose why it was created....my opinion though