Do you launder your btc, buyers & sellers?

If yes, please tell me how you launder it. (I am not fbi and you can check my past posts)

If no, please tell me the reason.

To be honest, I am a supporter/holder of XMR as well as BTC. So I want to see the potential of this altcoin in darknet market.

(I never do any illegal thing)


Comments


[12 Points] jigglyjk:

When I first started laundering I set up a set where people could donate money for my sisters chemotherapy. Don't have a sister lol, would just send money to myself. But it started looking suspicious when so much money was coming in just for this one girl so I had to switch plans.

I asked my friend and he recommended a laser tag business, total nerd right? Didn't go with that. Actually I had this pretty sweet van that was really dirty and one day while cleaning it, it came to me: car washing business. It's working out great so far and my 'business' just keeps growing, but I'm having to keep my extra cash in this warehouse in the meantime because a car wash doesn't make all that much, right? Just hoping nobody catches on to what I'm doing.


[3 Points] ForLol_Serious:

If yes, please tell me how you launder it.

Nice Try LEO


[2 Points] NationalDirect:

Well this psot brought me to an intersting thought - Bitcoin can inherently appear to be "laundered" when there is no intent to do such a thing. (wallet-wallet transfers, consolodation accounts, pooling, savings accounts and other things to not keep all your eggs in one basket).

Also, you can call the act of diverting money from your Coinbase account (for example) to another account externally to obscure coinbase from seeing the source or destination of the coins. I mention coinbase, because this morning I had a vaguely worded notice from coinbase that my account was being closed due to Coinbase's compliance with FinSEC.

Upon investigating I came across this old article, but still very relevant:

https://www.cryptocoinsnews.com/coinbase-bringing-big-brother-bitcoin-accounts/

Coinbase blocks accounts for suspected MSB (Money service busines) activities, and closes account that are used with sites like:

Legal Gambling Sites Tor Network Services (Legality redundant) Localbitcoins.com outgoing/incoming transactions.

So any reasonable person would use something similar to money laundering (with the purpose being privacy rather than diversion of assets for record keeping revocation). Coinbase users: ALWAYS use a ssecondary private wallet such as Electrum for any COinbase BTC activity. Treat Coinbase as a bank that deals in foreign currencies, and use a separate wallet for facilitating all trades. Use this wallet as an intermediary wallet, and never choose otherwise.

So as far as my account closue reason goes, it couldve been closed for moving coins from coinbase to localbitcoins, or recieving from... Or many other reasons such as me depositing into DNM's (for legal trade), and other Tor network wallets.

How ridiculous. I'm glad I don't have a Coinbase account now; and advise all to never get one unless the convenience outweighs their poor management and protocols for account assessment/closure.


[2 Points] RIP_Meth_9000:

(I never do any illegal thing)

Well its a damn good thing shemale porn is not illegal then....Bahahahaahaha!!!!!!!!


[1 Points] justaniceyoungman:

(I never do any illegal thing)

Neither do I!


[1 Points] junkitactics:

dont ask dont tell .... phag


[1 Points] Creative_Rain:

Yeah guys, I'm not FBI or anything like that either... but anyways, what's your guys addresses? Just curious.