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dyauspitr an hour ago

You used to be able to convert to monero and then back into bitcoin to make it completely untraceable. Suspiciously all exchanges stopped offering monero in a coordinated way at the same time.

vintermann an hour ago | parent [-]

Very suspiciously, almost like someone working with preventing money laundering noticed and sent them a letter reminding them about 18 U.S. Code §1956, which makes it a crime to assist in obfuscating the origin of proceeds from crime.

If you know about anyone using Monero for that purpose, you can't use Monero, since obfuscating the origin of transactions is something you do as a condition of participating in Monero (either as a miner or through paying transaction fees).

ifwinterco 17 minutes ago | parent [-]

This is all US (and Western Europe) centric perspective. Last time I was in HK you could cash out basically any kind of crypto to cash easily, no questions asked. There will always be somewhere like that in the world