• quick_snail@feddit.nl
    link
    fedilink
    English
    arrow-up
    11
    ·
    9 hours ago

    Translation: someone with a lot of illegal money is buying stupid jobs like ‘counting pigeons’ on a marketplace, but the person doing the work is a different account owned by the same person.

    This is how money laundering works.

    Dirty money in, bullshit job in the middle, clean money out.

    • UnderpantsWeevil@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      4 hours ago

      I mean, crypto does the job cleaner and faster. Stablecoins, in particular, are fantastic at spin-cycling dirty cash. Hell, half the time the money never gets “dirty” to begin with, since there’s no real tangible relationship between the transaction and the crime.