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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 onetimemanytime on Monday October 19, 2020 @03:59PM (#24830300)
>>But for money transmission to occur, an intermediary needs to accept customer funds. For a Monero transfer, there is no intermediary. Someone could build an MSB on Monero itself which would require registration, but using Monero to send funds directly to a merchant for one's own purchase, for example, is not money transmission.

They are huge fines and decades in jail sentences at play in money laundering. How sure are you? Not that anyone is going to do X or Y because someone in a thread said so, but things aren't as simple sometimes. Add the potential penalties and...

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Re:First Bitcoin “mixer” penalized for violating anti-money ... by sgp_ on Monday October 19, 2020 @04:06PM (#24830373)
Don't take my word for it. Read what FinCEN says directly:

https://www.fincen.gov/sites/default/files/2019-05/FinCEN%20...

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