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shmeggt t1_j027cbi wrote

Reply to comment by ThisAltDoesNotExist in Binance CEO Facing Possible Money Laundering Charges by habichuelacondulce

You don't have to spend the crypto... You just have to launder it, which is far, far easier because of how many cryptos exist.

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ThisAltDoesNotExist t1_j027nn5 wrote

Nonsense. The moment you try to get it into the regular banking system to spend it you face the same questions of origin.

You may as well say you don't need to spend the cash, you can just leave it in a safe.

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shmeggt t1_j028nex wrote

Here's what you do....

"I'm a crypto investor. I trade quite a lot and have been quite successful in doing that. I invested $500 in LaunderCoin which went up by 8,000,000%. I trade a lot looking for the next great coin."

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