How to launder money through virtual currency
virtual currency is a growing field of innovation, where there are business opportunities as well as risks. Even though bitcoin has been developing at a high speed so far, there is no guarantee that it will continue to grow. Any investment of time and resources related to bitcoin requires entrepreneurship. There are many ways to make money with virtual currency, such as mining, speculation or new business. All of these methods are highly competitive and have no profit guarantee. Everyone should make their own appropriate assessment of the costs and risks involved in any such project
since 2013, the popular virtual currencies are bitcoin, Laite coin, Fuyuan coin, doggy coin, Yuanbao coin, Ruibo coin and so on.
Cheng tycoons use virtual currency to launder money, which is illegal fund-raising. Let's first understand the definition of illegal fund-raising on the Internet. Illegal fund-raising is a kind of criminal activity. It means that an entity or indivial raises funds from the public by issuing stocks, bonds, lottery tickets, investment funds, securities or other debt certificates without the approval of relevant departments in accordance with legal proceres, And promise to repay the principal and interest or give return to the investor in money and other ways within a certain period of time. And in China, it is clearly stipulated that investment in virtual currency is illegal, and the circulation and transaction of virtual currency is explicitly prohibited{ RRRRR}
virtual currency is a growing field of innovation, where there are business opportunities as well as risks. Even though virtual currency has been developing rapidly so far, there is no guarantee that it will continue to grow. Any investment of time and resources related to virtual currency needs entrepreneurship. There are many ways to make money with virtual currency, such as mining, speculation or new business. All of these methods are highly competitive and have no profit guarantee. Everyone should make their own appropriate assessment of the costs and risks involved in any such project. Bitcoin, Ruitai and Laite are all like this.
Money laundering is a professional term in the financial instry, which is the act of legalizing illegal gains. Mainly refers to the illegal income and its income, through various means to conceal, conceal its source and nature, make it legalized in form. In the 1920s, a financial expert from the Chicago Mafia bought a coin operated washing machine and opened a laundry. Every night, he adds illegal money to the settlement of the day's laundry income, and then returns to the tax bureau. After tax, all the illegal income becomes his legal income, which is & lt; Money laundering; The origin of the word
money laundering can coexist with most crimes and is the downstream crime of these crimes. From the judicial point of view, money laundering has become a kind of crime; Crime barriers;, It not only hinders judicial activities, but also encourages criminals to be fearless and encourage them to continue to commit crimes. From the perspective of financial management order, money laundering activities often use the legal financial network to launder money, which not only violates the financial management order, but also seriously destroys the rules of fair competition and the free competition between the main bodies of market economy, thus bringing a certain negative impact on the normal and stable economic order. Money laundering is usually aimed at hiding the source of assets
Since the release of bitcoin, virtual currency has been popular. Because of its concealment, this virtual currency proced by blockchain technology has been accompanied by various money laundering crimes. Therefore, after the virtual currency entered China, the Chinese government directly banned the virtual currency trading, but there are still many people who are still stubborn
because leverage magnifies the risk, a little more volatility will lead to position explosion, which is exactly what these fraud groups hope to happen, because only the money that investors lose is the money that the fraud groups earn behind the so-called blockchain virtual currency trading platform, just like a large number of domestic fraud platforms that speculate on crude oil futures ten years ago