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Here’s an exercise. Go to Wikipedia for “Money Laundering” -> “Notable cases” and sum the amounts laundered by all famous banks for the last 10 or 5 years. The
by quantum_mcts 2y ago
Here’s an exercise. Go to Wikipedia for “Money Laundering” -> “Notable cases” and sum the amounts laundered by all famous banks for the last 10 or 5 years.
Then try to say again that “crypto is for money laundering” with a straight face.
- JumpCrisscross 2y ago> Go to Wikipedia for “Money Laundering” -> “Notable cases” and sum the amounts laundered by all famous banks for the last 10 or 5 years This is sort of like concluding bull riding is safer than eating food because more people have died from choking than bull riding.
- quantum_mcts 2y agoIt is sort of like saying that crypto is less money-laundery than banks because more money gets laundered through banks than through crypto.
- ahahahahah 2y agoIt's a terrible argument though. If I ran a bank that literally only did money laundering, and I applied your logic, it wouldn't matter because, hey, others have done it more in aggregate. Even then it's like, if I killed someone, I could say, well Americans in general have killed X many people, so I'm certainly less kill-y than Americans.
- Closi 2y agoWhat's your point? That these people shouldn't have been arrested, or that money laundering on crypto should be ignored? Or something else? Besides, crypto is clearly sometimes used for money laundering - hence the article.
- realusername 2y agoI can at least say that people use banks for other reasons.