It's easier tolaunderr money through fiat than crypto, that's why I wonder why the government always crypto is used for money laundering. As far as an address and coins are being traced and watched, there will most likely be aslip-upp and the person will be caught if he's doing anything illicit.
Going back to your topic, learning a skill doesn't necessarily mean you're set for life, but I agree that learning a skill is good. Most people believe ones you learn a skill all is set but reality is not usually so. There are things you need to do first. One of them is marketing yourself. You have to know how to market yourself to your target audience.
Also, you need to know that you will constantly learn. Never stop learning and trying to improve yourself. You must know that you're not the only one with that particular skill, there are tons of people with that skill so something has got to set you apart from the rest and that's only by getting better.
Topic: Learn a skill instead, you will be set for life. - page 4. (Read 526 times)
Abstain yourself from illegal ways of making money, learn a skill and you will be set for life.
The culprit in the story is one that is already made for life going by his background in the story it said, and I quote "he is an heir to cartier empire, a direct descendent of Louis Cartier; the founder of the luxury watch, necklace, and bracelet maker", end of quote. If he was never caught I guess no one would have believed he was into such shit and illegal business his financial success would have been rather attributed to the influence of his lineage, but thanks to cryptocurrency, he was flagged out for what he really does.A lot of these rich folks if their sources of finance is been track/traced end to end I bet you that most of them will be going to jail straight ahead as a result of how they make these monies through some illegalities. Only then can some of us who are striving with our knowledge, skills and up-skilling will be able to well appreciate the little efforts we have made so far in life to getting up to where we are at the moment.
Cryptocurrency is the worst way to Launder money. No one can alter a transaction already recorded on the blockchain. It's just like say you can't run and you can't hide. And if you use the services of an exchange, where KYC is required and is highly regulated, you see.
Which is why I burst out laughing when people in government say that cryptocurrencies such as bitcoin has increased the crime rate or is used for illegal means. Fiat such as the dollar,pound, sterling, euro, naira are still the most common way of laundry money.
Which is why I burst out laughing when people in government say that cryptocurrencies such as bitcoin has increased the crime rate or is used for illegal means. Fiat such as the dollar,pound, sterling, euro, naira are still the most common way of laundry money.
From the article, USDT was not the means of laundering the money it was just the payment option they chose, perhaps because they thought it will make the job easier. They tried to use shell companies to clean the money from drugs and then transfer that using crypto, surprising considering the individual involved, but not surprising for some reasons.
Your advice holds good. Crypto doesn't offer a traceless route to hide illegal funds.
Your advice holds good. Crypto doesn't offer a traceless route to hide illegal funds.
Hi everyone, here is another example why you can't and shouldn't launder money using cryptocurrency.
https://crypto.news/heir-to-cartier-empire-arrested-for-attempted-money-laundering-using-usdt/
Many newbies and beginners believe that crypto is a way they can move funds without the government knowing, you are wrong, in fact crypto is a very bad way of laundering money, everything you do can be traced.
This guy is charged with drug trafficking and laundering of funds using USDT, I can't stop laughing when I read this news, USDT that's even wired to clap on illegal funds, it is centralized in and out.
If your source of money is not clean, crypto is not your home, where you should feel safe.
Some people might say why USDT, but let me tell you, even with Bitcoin and others you can still be traced, you will leave some footprint behind, it could take longer but one day, you will make a mistake.
Abstain yourself from illegal ways of making money, learn a skill and you will be set for life.
https://crypto.news/heir-to-cartier-empire-arrested-for-attempted-money-laundering-using-usdt/
Many newbies and beginners believe that crypto is a way they can move funds without the government knowing, you are wrong, in fact crypto is a very bad way of laundering money, everything you do can be traced.
This guy is charged with drug trafficking and laundering of funds using USDT, I can't stop laughing when I read this news, USDT that's even wired to clap on illegal funds, it is centralized in and out.
If your source of money is not clean, crypto is not your home, where you should feel safe.
Some people might say why USDT, but let me tell you, even with Bitcoin and others you can still be traced, you will leave some footprint behind, it could take longer but one day, you will make a mistake.
Abstain yourself from illegal ways of making money, learn a skill and you will be set for life.
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