Re:Tether executives said to face criminal probe into bank f...
by arcticbull on Monday July 26, 2021 @02:45PM
(#27963515)
IMO this feels more like they know they can get them on these crimes, easily, without involving other countries. Lying to banks is pretty trivial to nail them to the wall for. "Hey I'm a real estate company" - "sir these look like crypto deposits?" - "no, I don't think so." That kind of thing.
It's like getting Capone on tax evasion.
Once they've got them behind bars they can start untangling the clusterf*ck.
Thing is untangling the clusterf*ck is likely a multinational, mutli-party, multi-year effort but lying to Wells should be cut and dried. Remember it took 17 countries cooperating to unwind Liberty Reserve and that was a fraction of the scale and audacity. This will allow them to end it the fastest way possible.
It's like getting Capone on tax evasion.
Once they've got them behind bars they can start untangling the clusterf*ck.
Thing is untangling the clusterf*ck is likely a multinational, mutli-party, multi-year effort but lying to Wells should be cut and dried. Remember it took 17 countries cooperating to unwind Liberty Reserve and that was a fraction of the scale and audacity. This will allow them to end it the fastest way possible.