Department of Justice is after Digital Money World!
(Digital Money World) I thought the headers are wacky ;) But we’re mentioned in the latest US Department of Justice on a Money Laundering Report for Digital Currencies. *Pondering…
Key Judgment
Digital currencies combine the intrinsic value of gold and other precious metals as well as the designated value of national currencies with the worldwide reach of the Internet to create an ideal mechanism for international money laundering. Users can anonymously fund digital cur-rency accounts, send those funds (sometimes in unlimited amounts) to other digital currency accounts worldwide, and effectively exchange the funds for foreign currencies—often while bypassing U.S. regulatory oversight.
Feel free to download a copy of the pdf here.
Was it Mark or was it me? *Thinks hard.
Tags: Digital Money World, DOJRelated Stories
POSTED IN: Uncategorized
1 opinion for Department of Justice is after Digital Money World!
Mike
Jul 12, 2008 at 11:10 am
These guys are crazy! Under the cover of anti-terror, they have only one goal: the destruction of personal and financial privacy all around the world.
It is one more evidence that the US administration is a major thread for freedom and democracy.
Who will stop them?
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