alt Hacker NewsHow do they launder the coins generally? Given you traceable (most) cryptocurrency is by design, it seems you could sanction anyone who transacts with them? I understand it's likely not that simple, though.
How do they launder the coins generally? Given you traceable (most) cryptocurrency is by design, it seems you could sanction anyone who transacts with them? I understand it's likely not that simple, though.
They deposit the coins into organisations that mix coins from various customers. Its just like a bank. You deposit a fake/stollen 100$ bill one day and, if they accept it, you can withdraw a totally different 100$ bill from an ATM the next day.