launder

They don't even bother to launder that dirty money.

You have to both launder money and not give any of it back with campaign donations.

Many of the largest banks in the world launder much greater sums and get away with the lightest slap on the wrist.

I'd expect the CIA to know how to launder money competently.

> If all it takes is a little bit of money laundering to get your bank shut down,Don't be ridiculous.

The Russian mafia may want to exploit it for short-term gain or launder money.

It is being used exactly as detractors presumed: merely a way to launder money.

Sometimes they choose to charge you with money laundering because they can't actually catch you for another crime.

Other times they choose money laundering because it carries a higher sentence than the underlying crime.

Use different zorblaxes to receive, use zirbasses program, use a yrblogging service or just buy a bank to launder.

One way we can express those values is to speak out against companies that help criminals launder their reputations.

I'd probably also run my own mixing service like bitfog, lending service, or online casino/betting site to help launder them.

There seems to be a general lack of understanding here on HN that money laundering is incredibly harmful to society.

Bankers are legally responsible if you launder money using their services and if they didn't ask you basic questions designed to flag such cases.

So banks didn't rig interest rates, or blatantly launder money for drug lords and terrorists, or foreclose on people who didn't even owe money on their homes?

But there are other less dramatic things they might be doing besides money laundering: using undocumented labor, for example.

Using bitcoin as a way to launder dollars requires the ability to turn USD into bitcoin and back again, which, incidentally, is exactly what Mt Gox does.

That's very different from this BitInstant charge: the operators are accused of knowing that one of their customers was reselling hundreds of thousands of dollars worth of BitCoin on SilkRoad where the transaction was anonymous, which means it can be used to launder money.