this post was submitted on 04 Dec 2024
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69
U.S. Transfers $1.9B in Silk Road Bitcoin to Coinbase Prime (www.worldcoinindex.com)
submitted 2 weeks ago by lzfm@lemmus.org to c/technology@lemmy.world
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[–] MCasq_qsaCJ_234@lemmy.zip 29 points 2 weeks ago (3 children)

Wait, isn't this money laundering?

[–] schizo@forum.uncomfortable.business 36 points 2 weeks ago (2 children)

As with all things in America, it's only illegal if a normal person does it.

If you're rich or politically connected (or are the actual government), anything goes.

[–] AlDente@sh.itjust.works 7 points 2 weeks ago

In what way is this money laundering? Isn't it normal for the government to liquidate seized assets?

[–] Glasgow@lemmy.ml 7 points 2 weeks ago* (last edited 2 weeks ago)

They’re not obfuscating the trail. Just plain old theft.