No. It used to be an "ancillary" crime, but now it's simply illegal to move mone... | Hacker News

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

		Sambdala on Sept 25, 2014 \| parent \| context \| favorite \| on: Americans abroad are giving up their citizenship a... No. It used to be an "ancillary" crime, but now it's simply illegal to move money while looking like you're trying to hide the source.

areyousure on Sept 25, 2014 | [–]

I believe you, actually, but can you provide a source? Thanks.

clamprecht on Sept 26, 2014 | [–]

I think you're thinking of "structuring", not money laundering. Can you cite a US statute? Money laundering is 18 U.S.C. section 1956, for example.

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