Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Money laundering?


Yeah, his description qualifies as money laundering; it's not any different than running the money through multiple proxies (fake businesses, escrow services, etc) in real life. And if a guy gets brought down after using this kind of thing he'll still get stuck with a money laundering charge; it doesn't become legal magically just because it's done with btc.


Nah, the Bitcoins are still dirty when they come out.


So you never take them out yourself. Use bitcoins to sell something to a friend or someone on the internet, use bitcoins to buy something.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: