Gee there’s a surprise.
They sold a product for money and paid tax on their gain.
How is this “laundering”? Because the customers re-sold what they bought?
Not sure I understand.
If I sell a guy my airplane and he (unbeknownst to me) used drug money to buy it, am I in trouble?
Seriously, do not understand.
Seems like the key word is “knowingly”. Wonder how they’re going to prove that.
Amazing they were able to have a complete, in depth story ready to go in just a couple hours.
This is being done to “Poison the bitcoin well” because they see it as a threat.
I can see activities being illegal, but not the currency or means of a measure of value being illegal.
Maybe it’s just that the Government doesn’t have a way to control or tax it yet and that bothers them.
I remember seeing a few days ago that the Government was planning to sell the BitCoins they seized when they closed down the Silk Road. Who in their right mind would by a BitCoin directly from the Government?
are they not getting their fair share
They are afraid. They always tell you what they are scared of and digital transaction outside of governmental manipulation are very taboo. Screw the fed I hope we see a growth in Bitcoin.
The Federal Reserve Bank members and chairperson, along with most elected politicians should be charged with the same offense,
WHAT THE FRACK?!!!!! BILLIONS of dollars of drug money are being laundered by HSBC bank, and Bank of America through empty mortgage backed securities, and NOT A SINGLE ARREST!!!