/biz/ - Business & Finance

>>25654600
>Dash and LTC (and by extension MW) both have optional privacy features, which means that in a money laundering lawsuit, it would be much harder to defend deliberate use of obfuscating transactions

Only a brainlet would use Dash or LTC+MW to launder money.

>>25550372
>Question for monero chads: How are future governments going to prevent tax evasion/money laundering through Monero?

With atomic swaps operational, they can't stop anybody using Monero. They can delist it, ban it, whatever, as long as some other major crypto is available XMR can be easily acquired.

So, they might declare cross-chain swapping illegal, which will be even more hilarious since there is no way of actually knowing an atomic swap has happened.

Like it or not, a fuckton of black money will be rolling into Monero's marketcap in the coming years, so strap in for blast off.

>If its not happening already?

It is, the heavy hitters are currently moving into crypto.

>Criminals laundered $2.8 billion in 2019 using crypto exchanges, finds a new analysis
https://www.technologyreview.com/2020/01/16/130843/cryptocurrency-money-laundering-exchanges/

>Latin American crime cartels turn to cryptocurrencies for money laundering
https://www.reuters.com/article/mexico-bitcoin-insight-idUSKBN28I1KD

>Cali Drug Cartel Member Arrested for Crypto Money Laundering
https://decrypt.co/47740/cali-drug-cartel-member-arrested-crypto-money-laundering