[UncleDiaz12]

Anti-Money Laundering laws only catch 0.5% of illicit funds, yet cost 100x the money recovered.

https://www.ledgerinsights.com/anti-money-laundering-has-les...

Also, the $10K threshold for additional AML scrutiny has been the same amount for nearly 50 years. It should be close to $50k in today's dollars due to inflation.

[nmlnn]

In 1970 when these AML thresholds were set a dollar was tied to gold at $35/oz. So based on the gold price today it's actually:

$10,000 (1970) = $10,000 x 1880/35 = ~$537,000 (2020)