I'm aware of the process of bitcoin laundering (sharedcoin, bitcoinfog) but once the money is washed then what? You just send the money to your bank account via coinbase or something?
How do you exactly explain the movement of hundreds of bitcoins out of no where and then depositing that to your bank. Like if you wanted to pay taxes and chit. "oh hey, don't mind me, just moving tons of bitcoins that came out of no where hur hur hur" Are there any safe methods vendors use to get there money in the clear?
Excuse my ignorance, I'm just generally interested in the process.
It's just like washing regular drug money, ou can tell who's the computer people and who the real trap stars are here lol. The best way is to have a business tht is legit an accept bitcoin that wag you can wash your cleaned btc thru your say security consulting firms transactions, but the key is to have a real business to help obsecure th recent influx in btc from no where. It's not an easy task, but anyone smart enough to get a large enough amount of btc that would throw red flags would also be smart enough to launder it lol and you can always say you bought all hose coin when they were only .99 ech haha