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by elchupanebre 2439 days ago
I don't doubt for a second that money laundering and tax evasion services are very lucrative. Look at Cayman Islands. Their per capita GDP (PPP) is higher than in the States!

If you are in the business of offering furtive financial services it makes total sense to stay abreast with the times and add crypto to the portfolio. It's a great instrument for both money laundering and tax evasion.

1 comments

and every other financial service

some of the largest public companies and hedge funds are incorporated in cayman islands. the obvious rebuttal would be that they too are vehicles for money laundering and tax evasion, but also everything else because the point is that you can't distinguish when a state doesn't use its resources demonizing transactions