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A comment on Why Did a Chinese Peroxide Company Pay $1B for a Talking Cat?. Parent comment

Re:Why Did a Chinese Peroxide Company Pay $1B for a Talking ... by ChuckMcM on Tuesday May 23, 2017 @02:32PM (#14403876)
Strictly speaking, money laundering is any activity that makes it impossible to follow a monetary trail. Whether that is in game tokens, some sort of block chain technology, or gallon jugs of Tide detergent.

And yes, it can involve illicitly acquired cash, but it can also be used to conceal the purchase of assets or the exercise of political influence.

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Re:Why Did a Chinese Peroxide Company Pay $1B for a Talking ... by toomanybeersies on Tuesday May 23, 2017 @07:48PM (#14406475)
> gallon jugs of Tide detergent

Huh, I never knew about the underground trade fueled by tide detergent. Well there goes a solid chunk of today's reading time.

Old HN post on the subject for others interested: https://news.ycombinator.com/item?id=5023204

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