News for hackers. Stuff that matters.

A comment on First Bitcoin “mixer” penalized for violating anti-money laundering laws. Parent comment

Re:First Bitcoin “mixer” penalized for violating anti-money ... by leetcrew on Monday October 19, 2020 @03:34PM (#24830006)
isn't it only money laundering if the funds themselves were illegally obtained? if I buy crypto with my wages from a legal job, put them through a tumbler, and then buy a dildo, why is that a problem?
[ Parent | on HN ]
Re:First Bitcoin “mixer” penalized for violating anti-money ... by miguelmota on Monday October 19, 2020 @04:21PM (#24830535)
It's a problem if the source of funds are obtained illegally. Using tumblers is not illegal, but if using tumblers to make 'dirty' money appear clean then that's a problem.
[ Parent | on HN ]