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A comment on Coinbase Wants Wall Street to Resolve Its Bitcoin Trust Issues. Parent comment

Re:Coinbase Wants Wall Street to Resolve Its Bitcoin Trust I... by brendanw on Friday December 15, 2017 @01:52PM (#15934076)
https://en.wikipedia.org/wiki/Bank_Secrecy_Act

They may be fraudulent; they may be not. Regardless, they have a lot to lose by revealing their banking partners to the world. The United States probably used the Bank Secrecy Act to force large American banks to not send money to accounts associated with Bitfinex. If Bitfinex reveals its banking partners for Tether, then they risk getting cut off from those partners or those partners getting cut off from western banking.

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Re:Coinbase Wants Wall Street to Resolve Its Bitcoin Trust I... by FireBeyond on Friday December 15, 2017 @06:14PM (#15936088)
Yeah, no possible problems there for any Western investors, at all. Rely instead on the hope that the US government won't figure out where $60MM a day of deposits is ending up. It's not like the IRS and Treasury Department have forensic accountants or anything like that...
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Re:Coinbase Wants Wall Street to Resolve Its Bitcoin Trust I... by empath75 on Friday December 15, 2017 @02:12PM (#15934218)
I'm not sure why that should give people the warm fuzzies about it.
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