>Case 3: money laundering and other types of financial crimes
For those who think about anonymizing their bitcoin sources by running them trough mixer or using anonymous cryptocurrency, think it over twice and find out more about the cash seizure, detention and forfeiture laws.
Money laundering laws are not a joke. They use reverse burden of proof. Your money can be seized and you must explain its origin or you lose it.
Sadly it has been challenged several times and found to be lawful. I would love to see Congress specifically outlaw such seizures and/or reverse the burden of proof.
For those who think about anonymizing their bitcoin sources by running them trough mixer or using anonymous cryptocurrency, think it over twice and find out more about the cash seizure, detention and forfeiture laws.
Money laundering laws are not a joke. They use reverse burden of proof. Your money can be seized and you must explain its origin or you lose it.