Why is Money Laundering a crime?

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Kryptous

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I seriously don't understand why it's just "assumed" money laundering should be a crime. All this crime does is give law enforcement an insane amount of powers to abuse the rights of their citizens.

So I'm a major drug dealer that deals tons of crack cocaine and of course I kill off my competition. But God forbid I actually used a BANK in the course of my illegal activities!!

The fact that I traffic tons of drugs and murder people isn't enough? The vast majority of Bitcoin supporters I would assume agree that money laundering is a made up crime used by the government to control us and enforce the power up the top 1{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}

Some other people on this forum act like it's a legit criminal offense. What am I missing?

submitted by /u/Pink-Fish
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Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $62256.51 USD  (via Coinbase)
1 ETH = $3764.21 USD  (via Coinbase)
1 LTC = $186.05 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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