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PANAMA CITY, June 28 (Reuters) - A Panamanian court has acquitted 28 people charged with money-laundering under cases linked to the Panama Papers and "Operation Car Wash" scandals, the country's judicial branch said in a statement on Friday.
It did not provide names of the people who were acquitted.
It did not provide names of the people who were acquitted.
https://www.reuters.com/world/americas/panama-court-acquits-28-people-tied-panama-papers-operation-car-wash-2024-06-29/
At least 3 people dead connected to this but bitcoin is the criminal coin.
Well, I assume that Panama would destroy its entire main source of income if they convicted people for money laundering. I am aware they signed double taxation treaties and agreed to exchange financial information with the United States, but this still means nothing. It only means that the US government knows who might be evading taxes, and knowledge gives power. Consequences are only drawn when the tax evading billionaires revolt. The Panama court letting go all these people is the best advertisement they could have put out to the global elites.
I guess the general public would rather not be informed about the US government what's going on there. Maybe the Biden administration would go after some of their tax evaders though. But I wonder why someone would use a Panama setup when there are legal ways for people to pay close to zero tax in the US. At least that is what I think is happening with many of the billionaires. But there is of course the problem that they can amass wealth while not getting taxed for it.
