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A comment on Ask HN: On eBay, $50 Amazon gift cards are selling for $80-85.What am I missing?. Parent comment

Re:Ask HN: On eBay, $50 Amazon gift cards are selling for $8... by huac on Wednesday March 14, 2018 @02:23AM (#16582766)
It's not money laundering, who would launder $300?
[ Parent | on HN ]
Re:Ask HN: On eBay, $50 Amazon gift cards are selling for $8... by iggg on Wednesday March 14, 2018 @06:26AM (#16583628)
Stolen credit cards, online bank accounts, PayPal accounts, etc are available for purchase. Not everyone is as rich as you where $300 is something to laugh at.
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Re:Ask HN: On eBay, $50 Amazon gift cards are selling for $8... by himlion on Wednesday March 14, 2018 @08:09AM (#16584132)
I think you are using different definitions of laundering. turning drug money into legitimate money in a bank account is not really useful for these small amounts, but turning stolen goods into cash is.
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