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A comment on Is it legal to mix cash in a jar? How is Bitcoin mixing any different?.

Re:Is it legal to mix cash in a jar? How is Bitcoin mixing a... by renewiltord on Tuesday November 21, 2023 @07:15PM (#38372631)
Venmo won't let you take out more than 4999.99 in a single swoop. I frequently have $10k+ in there. I suppose I'm technically "structuring" when I withdraw, but there's no other way for me to get the money out and I haven't gotten in trouble yet. If I do get in trouble, I'll post here and hopefully Venmo will have figured out how to withdraw more.
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Re:Is it legal to mix cash in a jar? How is Bitcoin mixing a... by Deprecate9151 on Tuesday November 21, 2023 @07:23PM (#38372713)
If you're doing it because of a hard cap on the withdrawal amount it's not structuring. You have to be doing it with the specific intent to avoid required reporting.
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Re:Is it legal to mix cash in a jar? How is Bitcoin mixing a... by buildbuildbuild on Tuesday November 21, 2023 @07:39PM (#38372881)
You don't have to be doing anything wrong. You only need to appear suspicious to a compliance algorithm and you're suddenly unbanked with no explanation or recourse.

Today's banks are over-compliant and won't care to dig into your intent.

See: https://www.nytimes.com/2023/11/05/business/banks-accounts-c...

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Re:Is it legal to mix cash in a jar? How is Bitcoin mixing a... by renewiltord on Tuesday November 21, 2023 @07:36PM (#38372851)
Right. I agree. That's how I'm saying it's similar to the OP: it's the intent that makes it one or the other.
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