EU-wide maximum limit of €10K for cash payments

Re:EU-wide maximum limit of €10K for cash payments by DiggyJohnson on Saturday December 10, 2022 @05:46PM (#33937830)

So make the criminal act at the end of the journey illegal, not the act of walking 200 miles on foot.

This feels like the question of Blackstone’s ratio: “It is better that ten guilty persons escape than that one innocent suffer.” I’m not an absolutist about these things, but I take Blackstone’s side of this (very difficult) question.

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Re:EU-wide maximum limit of €10K for cash payments by lordnacho on Saturday December 10, 2022 @06:15PM (#33938087)

Is that ratio a target? I thought it was a kind of hyperbole. There probably are places where more than one in 10 people are laundering money.

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