AML Regulations: Understanding the two distinct approaches when choosing the jurisdiction of your financial institution

[JohnnyDoe]

Just a reminder of what you can end up paying… and it can get even worse than this. From a recent bill:

First row is the leading counsel, second and third are the juniors, last the paralegals. All working together so I normally pay over $3k/hour plus out of pocket expenses (including photocopies and ink).
Plus VAT oc

 

[rss]

Just a reminder of what you can end up paying… and it can get even worse than this. From a recent bill:
View attachment 8228
First row is the leading counsel, second and third are the juniors, last the paralegals. All working together so I normally pay over $3k/hour plus out of pocket expenses (including photocopies and ink).
Plus VAT oc

ouch

 

[Revoltec]

P2P

Only with cash?

 

[JohnnyDoe]

Only with cash?

Not necessarily

 

[Revoltec]

Not necessarily

If you do bank transfer, the records will be kept forever and if the guy selling you is a big seller, it will be obvious what you used the money for

 

[rss]

If you do bank transfer, the records will be kept forever and if the guy selling you is a big seller, it will be obvious what you used the money for

It’s not a problem if you magically lose access to the coins you bought and make sure that they can never be traced back to you.

 

[AlicaFunk]

I fixed a small error in your text. Criminals don’t need to prove anything to steal your assets.

sorry, yes true, I wasn't aware of that