this post was submitted on 24 Jul 2023
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Asklemmy
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Kinda sounds like a ~~great~~ way to launder money.
I wouldn’t be surprised if crypto was 99% being used for this purpose.
Don’t forget, it was popular on The Silk Road because it was hard to trace - a lot of rich folk probably saw an opportunity to move their wealth there
except that the exchanges get hacked/shutdown/blackamiled every third wednesday. Ooops, lost a thumb drive, there goes 10 grand of crypto.