Quote from: botany on August 24, 2014, 03:32:17 PM

Quote from: wasserman99 on August 24, 2014, 06:48:06 AM

Quote from: botany on August 24, 2014, 12:06:40 AM

Quote from: itsAj on August 23, 2014, 08:16:54 PM

The seller would not be doing anything illegal (except not checking the buyer's ID). The buyer would likely be willing to pay for the privacy because they intend to do something illegal with the BTC.

As long as there is no legal requirement to check the buyer's ID, I guess the seller should be safe.

In the US if someone sells something like BTC for fiat in any amount they are suppose to verify the other person's identity and report any transactions above a certain threshold and report any kind of suspicious activity they encounter.

That is strange. It is usually the buyer who has to verify ids (to ensure that there is no tax evasion). But each jurisdiction will have its own rules.

I am pretty sure this is not true. It is generally the responsibility of the person who is "handing out" the fiat to make sure that the person receiving the fiat is doing so legitimately. Tax evasion is generally the responsibility of the tax authority to try to prevent.