by passwordoops on 12/2/24, 1:48 AM
by coretx on 12/2/24, 1:49 AM
If it's /seen/ as a laundering tool, it's no longer a laundering tool.
So this is about money mules, not actual traffickers.
by goles on 12/2/24, 2:26 AM
by bogota on 12/2/24, 2:41 AM
Why would it be sold cheaper in Mexico when you can go on a dex and trade it for any number of tokens and cash it out. This just doesn’t make sense and im not signing up to read their stupid articles.
Likely this will be upvoted here though because it paints crypto in a negative light. Enjoy HN.
by superkuh on 12/2/24, 1:22 AM
This is basically true of any useful means of exchanging currencies or value. Far, far, more mexican drug trafficker laundering has been, and is being done, at places like Wells Fargo.
by freddealmeida on 12/2/24, 1:20 AM
Tether accounts can be frozen by the FBI. Not sure how it can be used by the cartels? What am I missing?
by BLKNSLVR on 12/2/24, 2:23 AM
Tether also owns billions of dollars of US Government bonds. Does this mean they're more or less likely to be protected by US interests?
by mmh0000 on 12/2/24, 2:48 AM
In today’s breaking news: Money used to buy things.
by Kenji on 12/2/24, 1:34 AM
So? The US dollar has funded terrorism in the Middle East for decades and we don't see the Feds becoming concerned about the way this currency works.