-
@ Big Barry Bitcoin
2025-04-29 20:47:16
I mean reading between the lines, here's what I read:
AML is not a catch-me-at-deposit type of thing. It is about letting people enter our mouse trap, looking for suspicious money trails and then accusing people without evidence of any wrong doing other than the movement of money seems suspicious.
Bitcoin (and probably crypto in this case) provides a blind spot where funds can be aggregated and then brought back without the context needed to suspect people based on no evidence of crime.
AFAIK, AML proponents believe they are the first line in discovering crimes by detecting AML and reporting it to police who then find the crime of origin.
Its fucking backwards man.