Re:Money-Laundering Practices in the Online Scam Industry
by JumpCrisscross on Saturday September 28, 2024 @06:18PM
(#41683330)
> your implication that an agency being categorized as "civil" implies, even faintly, categorical legality is the false premise I was 'hinting' to dismantle
You missed the securities law qualifier. The IRS has valid opinions on tax law. Someone using IRS actions to find insight into e.g. the legality of military actions is probably misguided.
> the First Amendment prohibits the government from restricting independent expenditures for political campaigns by corporations, nonprofit organizations, labor unions, and other associations
Yes. Not the same as money = speech. Independent expenditures for political campaigns are protected political speech.
> You cannot begin to leverage that credit/debit flow without oversight, and you cannot claim that your currency is at all pegged to the USD
Sure. Because that’s, for practical purposes, using dollars. Nobody is debating the U.S.’s power to regulate dollars.
> or any other easily swappable/transferable commoditized store of value
What is a commoditised store of value to you? You can use your community currency or crypto to buy grain and gold, for example. Community currency can be used to buy silver trinkets.
> It isn't illegal, but it is, however, de facto, _not_ legal tender. It's not legal, but it's not illegal.
Not what legal tender means. Dollars aren’t legal tender in the EU. That doesn’t put them into some quasi-legal grey area.
You missed the securities law qualifier. The IRS has valid opinions on tax law. Someone using IRS actions to find insight into e.g. the legality of military actions is probably misguided.
> the First Amendment prohibits the government from restricting independent expenditures for political campaigns by corporations, nonprofit organizations, labor unions, and other associations
Yes. Not the same as money = speech. Independent expenditures for political campaigns are protected political speech.
> You cannot begin to leverage that credit/debit flow without oversight, and you cannot claim that your currency is at all pegged to the USD
Sure. Because that’s, for practical purposes, using dollars. Nobody is debating the U.S.’s power to regulate dollars.
> or any other easily swappable/transferable commoditized store of value
What is a commoditised store of value to you? You can use your community currency or crypto to buy grain and gold, for example. Community currency can be used to buy silver trinkets.
> It isn't illegal, but it is, however, de facto, _not_ legal tender. It's not legal, but it's not illegal.
Not what legal tender means. Dollars aren’t legal tender in the EU. That doesn’t put them into some quasi-legal grey area.