Topic: Which currencies are suitable for money laundering? (Read 410 times)
I don't understand if you have money laundering needs? Or do you really have no topic and waste your space here? This question is too sensitive.
Which currencies are suitable for money laundering?
For example, dirty transactions, I don’t want to be known by others about what I bought and how much money I spent, and I can’t track it.
Can you recommend some currencies and exchanges that do not require KYC? At present, I only know that Monero is highly anonymous,
For example, dirty transactions, I don’t want to be known by others about what I bought and how much money I spent, and I can’t track it.
Can you recommend some currencies and exchanges that do not require KYC? At present, I only know that Monero is highly anonymous,
With eth, you can use an app build on Ethereum network to make anonymous transactions and the transaction details will not even appear on etherscan. The name is Railgun
Check out https://railgun.ch
cryptocurrencies use blockchain. it's going to lead back to you. unless you make a transaction face to face to exchange cash with crypto.
you can't do it online with crypto. you will have to go to a company that generates income, like a local store, and mix your physical cash with theirs to come out clean. you know the story of that woman selling pupusas suspected to be involved in laundering? this could not be just a story.
you can't do it online with crypto. you will have to go to a company that generates income, like a local store, and mix your physical cash with theirs to come out clean. you know the story of that woman selling pupusas suspected to be involved in laundering? this could not be just a story.
Which currencies are suitable for money laundering?
For example, dirty transactions, I don’t want to be known by others about what I bought and how much money I spent, and I can’t track it.
Can you recommend some currencies and exchanges that do not require KYC? At present, I only know that Monero is highly anonymous,
why asking this? are you trying to find out how to use this out of your hands? Money laundering is the biggest enemy of this market in which hinders the mass adoption and i hate that matter .For example, dirty transactions, I don’t want to be known by others about what I bought and how much money I spent, and I can’t track it.
Can you recommend some currencies and exchanges that do not require KYC? At present, I only know that Monero is highly anonymous,
cryptocurrency is design supposedly to help people generate fast and easy transaction but not criminals and illegal users.
i will never take part of your learning on this .
out transactions which dont really go on legal or ethical aspect and there's no way on getting rid of it.People would find a way or method on doing that via those anonymous transactions or cant be traced up and since
some coins that do exist on the market does have that kind of quality then it isnt surprising that it would really be mainly used.
Answering the topic then this would be particularly talking about Monero and Zcash which are totally untraceable or anonymous.
I think that for money laundering any type of critique can do it, even the best ones to do it are privacy coins, although by history the one that is used the most is Monero since if you enter the DeepWeb a lot of the volume of BTC and Monero come from In much of allpi, especially from the time of December, the volume handled in the exchanges of the deepweb is very large and the largest currency that is most traded out there is Monero, however when it comes to money laundering with any Currency can be done, only that it can be tracked much easier, but it is not that they can decipher who can do it unless they leave traces of their identification, that is why those who do it, it is from the deepweb or from an exchange decentralized.
Which currencies are suitable for money laundering?
For example, dirty transactions, I don’t want to be known by others about what I bought and how much money I spent, and I can’t track it.
Can you recommend some currencies and exchanges that do not require KYC? At present, I only know that Monero is highly anonymous,
why asking this? are you trying to find out how to use this out of your hands? Money laundering is the biggest enemy of this market in which hinders the mass adoption and i hate that matter .For example, dirty transactions, I don’t want to be known by others about what I bought and how much money I spent, and I can’t track it.
Can you recommend some currencies and exchanges that do not require KYC? At present, I only know that Monero is highly anonymous,
cryptocurrency is design supposedly to help people generate fast and easy transaction but not criminals and illegal users.
i will never take part of your learning on this .
Which currencies are suitable for money laundering?
For example, dirty transactions, I don’t want to be known by others about what I bought and how much money I spent, and I can’t track it.
Can you recommend some currencies and exchanges that do not require KYC? At present, I only know that Monero is highly anonymous,
you have to be careful if you ask in this case. this is a criminal act. I think all crypto is suitable for money laundering, but it would be better if you can avoid this action because it is risky with the law in your country. believe me this is not good For example, dirty transactions, I don’t want to be known by others about what I bought and how much money I spent, and I can’t track it.
Can you recommend some currencies and exchanges that do not require KYC? At present, I only know that Monero is highly anonymous,
Technically all of it are suitable for money laundering, all you have to do is to change your currency through p2p or create an exchange account that doesn't require KYC and trade it with different crytocurrency and you will be able to have a new and clean money or you can buy Monero after p2p or Bitcoin then use mixer for extra safety.
Why is the OP's question is like crypto is one of the chains of corruption and money laundering crimes ?
There are still many businesses outside of crypto if you really want to launder the proceeds of your crime. If you think hiding your money in crypto is a solution for money laundering purposes, what about the KYC procedure which is now mandatory in large markets ?
Come on guys, cryptocurrencies are not directly related to the crime of money laundering, so don't make wild opinions about it
There are still many businesses outside of crypto if you really want to launder the proceeds of your crime. If you think hiding your money in crypto is a solution for money laundering purposes, what about the KYC procedure which is now mandatory in large markets ?
Come on guys, cryptocurrencies are not directly related to the crime of money laundering, so don't make wild opinions about it
Waw your question is suprise but hope you are not trying to do anything illegal using cryptocurrency because that's what people are using now to scam which is very bad lot's of people are just trying to spoil cryptocurrency. Lot's of people are now using cryptocurrency to scam now because they believe they can't be traced easily. But one of the coin which I believe can't be traced is MONERO.
Actually, there is nothing wrong with asking about cryptocurrencies that are suitable for money laundering if it is only to increase our knowledge.
But it is worried if the question aims to carry out illegal activities, because there must be people who want to do negative things for their
own sake. Moreover, I have found quite a few cases regarding people using crypto for illegal activities. I just remind that the negative things we do
will only get us into big problems later on. So always do good things, so that what we do can have a good effect on our lives.
Waw your question is suprise but hope you are not trying to do anything illegal using cryptocurrency because that's what people are using now to scam which is very bad lot's of people are just trying to spoil cryptocurrency. Lot's of people are now using cryptocurrency to scam now because they believe they can't be traced easily. But one of the coin which I believe can't be traced is MONERO.
Actually, there is nothing wrong with asking about cryptocurrencies that are suitable for money laundering if it is only to increase our knowledge.
But it is worried if the question aims to carry out illegal activities, because there must be people who want to do negative things for their
own sake. Moreover, I have found quite a few cases regarding people using crypto for illegal activities. I just remind that the negative things we do
will only get us into big problems later on. So always do good things, so that what we do can have a good effect on our lives.
You can also check out on this list: https://www.investopedia.com/tech/five-most-private-cryptocurrencies/
Fully anonymous and cant really be traced up.
I am not good at technical knowledge about coins but how is one coin safer than the other confuses me. Someone can deposit the money to any site and then make a withdrawal after some trading or transactions and they will get fresh coins. For example you can deposit money to Binance, trade between some coins and make a withdrawal. No one can track you because Binance doesn't ask for KYC up to a limit.Fully anonymous and cant really be traced up.
We know of Dash to help you make anonymous transactions.
If you are not telling people what did you buy, we will start assuming it and it's not hard to say that you either bought drugs or deadly weapons. Some users claimed that cash can be the best option for you but even that can be traced if some official knew about you and your deeds from close.
We can assume anything we want but really only he knows what's going in his mind. There are people doing illegal things on the dark web and there are infinite possibilities. If you are not telling people what did you buy, we will start assuming it and it's not hard to say that you either bought drugs or deadly weapons. Some users claimed that cash can be the best option for you but even that can be traced if some official knew about you and your deeds from close.
Waw your question is suprise but hope you are not trying to do anything illegal using cryptocurrency because that's what people are using now to scam which is very bad lot's of people are just trying to spoil cryptocurrency. Lot's of people are now using cryptocurrency to scam now because they believe they can't be traced easily. But one of the coin which I believe can't be traced is MONERO.
Which currencies are suitable for money laundering?
For example, dirty transactions, I don’t want to be known by others about what I bought and how much money I spent, and I can’t track it.
Can you recommend some currencies and exchanges that do not require KYC? At present, I only know that Monero is highly anonymous,
Why would you be trying to do money laundering? I’d just assume that you’re asking that question for a good purpose and not because you really want to do something that is very bad. Any money you’re spending on the internet, I believe, can be traced if they want to trace. It continues for as long till you get noticed for the crimes you’ commit.For example, dirty transactions, I don’t want to be known by others about what I bought and how much money I spent, and I can’t track it.
Can you recommend some currencies and exchanges that do not require KYC? At present, I only know that Monero is highly anonymous,
If you check most of these people with records of crime, they usually make use of cash and they have vaults where they store their money for themselves, because when such money goes to the bank, it won’t go unnoticed, they are going to notice it and they will be called to defend how they got such amount of money, which they won’t be able to defend it. Some have also said that cryptocurrency is anonymous, but how true is that? There have been instances where people were still caught using cryptocurrency. So it’s best to keep your hands clean.
For money laundering you need to choose some private secured coins. Money laundering can be done with all coins but the following are very important for money laundering.
Monero
Xlm
Beam
Bitcoin cash
Monero
Xlm
Beam
Bitcoin cash
The term money laundering is a stigmatized chapter in the world of cryptocurrency. Many have been punished for money laundering in neighboring countries, including our own. The only fear of money laundering My country does not recognize bitcoin.
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Seems like just a curious George to me and but still an alarming one because even if he didn't post/asked it here he'll still find a way just by searching it on search engine sites. I wonder what's the OP's agenda but as I said maybe he's just that curious on the know-how of that. Seems not the kind of post here for Trading Discussion though.
Which currencies are suitable for money laundering?
For example, dirty transactions, I don’t want to be known by others about what I bought and how much money I spent, and I can’t track it.
Can you recommend some currencies and exchanges that do not require KYC? At present, I only know that Monero is highly anonymous,
I don't want to support a money launderer and I assume you are asking these questions for educational purposes. For example, dirty transactions, I don’t want to be known by others about what I bought and how much money I spent, and I can’t track it.
Can you recommend some currencies and exchanges that do not require KYC? At present, I only know that Monero is highly anonymous,
The best crypto for anonymity? Hands down Monero, as you said you already know. If you are smart and use mixers then you may easily avoid getting tracked with almost any coin but Monero is just perfect for such purposes.
Exchanges that don't require KYC? It's a tough one but I think P2P platforms should be the best. Beware though, LBC started to ask for identity and they don't shy away from blocking accounts until they get all the information.
You can use instant exchanges and check all such exchanges at bestchange but please do your due diligence and I hope you aren't involved in such things actually.
I would guess dollar is suitable for money laundering, is it not? Everyone is acting as if money laundering on a bitcointalk forum is a big hush hush but the reality is that money laundering was a thing way before bitcoin was even an idea, I am pretty sure money laundering was a thing even before satoshi was born let alone bitcoin.
We had so many criminals in history that ended up buying legit business', the cafes around the corner, the pizza shop, the jewelry down the street and all that with their first legit money, and then they made it look like those business' were booming, making so much money, at one point Pablo escobar just used a taxi company to show millions in profit. So long story short, bitcoin is not for money laundering, crypto as a whole is not for money laundering, it is dollars and other fiat currencies that people use for money laundering and have been for over a century.
We had so many criminals in history that ended up buying legit business', the cafes around the corner, the pizza shop, the jewelry down the street and all that with their first legit money, and then they made it look like those business' were booming, making so much money, at one point Pablo escobar just used a taxi company to show millions in profit. So long story short, bitcoin is not for money laundering, crypto as a whole is not for money laundering, it is dollars and other fiat currencies that people use for money laundering and have been for over a century.
Seems like just a curious George to me and but still an alarming one because even if he didn't post/asked it here he'll still find a way just by searching it on search engine sites. I wonder what's the OP's agenda but as I said maybe he's just that curious on the know-how of that. Seems not the kind of post here for Trading Discussion though.
We don't know about that though, you know that being curious can be a good excuse to ask something illegal, I mean you can't ask people on how to access child porno sites just because they said they're curious, it's your moral and legal obligation to not tell them about it because it's illegal and deplorable.That's what makes me feel good about crypto, it makes bankers even more dizzy.
If they can't combat it, they'll make more regulations at least to mitigate what they are dizzied about. Regulation will really go hand in hand in the crypto space. Jump to: