Bitcoin looks primed for money laundering

Bitcoin looks primed for money laundering - The Term Sheet: Fortune's deals blog Term Sheet

Bitcoin looks primed for money laundering

The shady online currency is starting to gain legitimacy in certain parts of the world. When will the regulators catch up? By Cyrus Sanati FORTUNE -- HSBC and Standard Chartered may have gotten out of the money laundering and sanction-skirting game just in time. Bitcoin, a virtual online "currency," seems to be gaining traction and legitimacy among those who need to transfer or launder their cash outside of the prying eyes of regulators. Spend some time in the sketchy online marketplace for this currency and you'll find that Bitcoin users range from the common Iranian on the street, who is worried about inflation, to hit men and drug dealers, who prefer to be paid in an untraceable currency. If Bitcoin is able to stabilize its value on the international markets, it could eventually creep into the legitimate world of finance, threatening major profit centers for both the ba...

Full article: http://finance.fortune.cnn.com/2012/12/18/bitcoin-money-l...

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@MiconBot » 03 Jan '13, 7am
RT @mstary89: Bitcoin looks primed for money laundering [link] via @FortuneMagazine
@pwittmann » 21 Dec '12, 4pm
As Bitcoin grows, money laundering becomes more serious threat [link]
@TheAnalytic » 21 Dec '12, 1am
RT @MarcHochstein: "Transactions can be done anonymously, perfect 4 someone trying 2 skirt the law." Or preserve modicum of privacy maybe? [link]
@MarcHochstein » 21 Dec '12, 12am
"Transactions can be done anonymously, perfect 4 someone trying 2 skirt the law." Or preserve modicum of privacy maybe? [link]
@MarcHochstein » 21 Dec '12, 12am
#OhSnap "In the 1800s you'd be writing about the evil new telegraph machine sneaky slaves were using to arrange escape" [link]
@seapollo » 20 Dec '12, 5pm
RT @sebicas: More lies on CNN about best uses of #Bitcoin @csanati should investigate more before writing so many false statements. [link]
@sebicas » 20 Dec '12, 3pm
More lies on CNN about best uses of #Bitcoin @csanati should investigate more before writing so many false statements. [link]
@MadeInChimerica » 19 Dec '12, 10pm
You know you are onto something good when the comments are better than the actual piece written. [link]
@TMPRisk » 19 Dec '12, 7pm
RT @tamloinfo The shady online currency "Bitcoin" is gaining legitimacy and appears primed for #moneylaundering. [link] #aml
@TAMLOInfo » 19 Dec '12, 7pm
The shady online currency "Bitcoin" is gaining legitimacy and appears primed for money laundering. [link] #aml
@CriminalGenius » 19 Dec '12, 2pm
Welcome to 2 years ago @FortuneMagazine... [link] #bitcoins #virtualcurrency #moneylaundering #crime
@Robot_Anonymous » 19 Dec '12, 2pm
RT @GatoMalo2: Bitcoin looks primed for money laundering [link] #gAtO ✅ #infosec #tor #security #cyberwar #btc #hacking #bitcoin #seguridad
@PadraigMcGowan » 19 Dec '12, 1pm
RT @KYC360: Bitcoin looks primed for money laundering [link]
@GatoMalo2 » 19 Dec '12, 1pm
Bitcoin looks primed for money laundering [link] #gAtO ✅ #infosec #tor #security #cyberwar #btc #hacking #bitcoin #seguridad
@arthurfarache » 19 Dec '12, 11am
Como fazer? RT @FortuneMagazine: #Bitcoin looks primed for money laundering: [link]
@murrayk10 » 19 Dec '12, 6am
RT @tom_zabel: illegitimate internet gangster money. @FortuneMagazine Bitcoin may just be the perfect money laundering system. [link]"
@seapollo » 19 Dec '12, 5am
フォーチュン／CNNに載ったビットコインの記事。最後のビットコイン・セントラルのニュースに持って行く記事だけど、すごく懐疑的というか意地悪な記事になってる。フォーブス誌がいつも好意的なのとはえらい違い。ビットコインの邪魔をしたい感じだね。 [link]
@tom_zabel » 19 Dec '12, 4am
illegitimate internet gangster money. @FortuneMagazine Bitcoin may just be the perfect money laundering system. [link]"
@dxs » 19 Dec '12, 4am
Yeah, that'll start, um, any day now. RT @RayUmerley: Bitcoin looks primed for money laundering [link]
@latlongpacific » 19 Dec '12, 4am
RT @incompliance: Bitcoin looks primed for money laundering [link] via @FortuneMagazine
@carliche1on1 » 19 Dec '12, 3am
How #keiser pays his Russian hookers 》》》 Bitcoin looks primed for money laundering - The Term Sheet [link]
@MSBCompliance » 19 Dec '12, 2am
RT @FuerstIttleman: @FortuneMagazine takes an in depth look at #bitcoin, warts and all: [link] @MSBCompliance @bitcoinnews @bitcoinmoney
@nokamber » 19 Dec '12, 1am
Hahahaha. How many bitcoins will that kilo get me, HSBC? | Bitcoin looks primed for money laundering [link]
» 19 Dec '12, 12am
RT @aus2bos: @GigaBitcoin "Will the regulators catch up?" @FortuneMagazine [link] -- another question: CAN the regulators "catch up"?
@aus2bos » 19 Dec '12, 12am
@GigaBitcoin "Will the regulators catch up?" @FortuneMagazine [link] -- another question: CAN the regulators "catch up"?
@TopTheNews » 19 Dec '12, 12am
Digital currency Bitcoin looks primed for money laundering [link] H/T @GigaBitcoin
@henrylf » 18 Dec '12, 11pm
Bitcoin Looks Primed For Money Laundering: Gd piece on the virtual currency that could yet change the world [link]
@meganseto » 18 Dec '12, 11pm
Crime, rogue nations and cash. The world of BitCoin and virtual markets. "#Bitcoin looks primed for money laundering: [link]”
@Bizztweetz1 » 18 Dec '12, 11pm
#Bitcoin looks primed for #moneylaundering Online currency gains legitimacy in parts of the world [link] via @FortuneMagazine
@itspolite » 18 Dec '12, 10pm
The shady online currency is legitimate in certain parts of the world. When will the regulators catch up? [link]
@JoeCascio » 18 Dec '12, 9pm
@jonmatonis Can't wait to hear your response to this broadside from the traditional money magnates. :) [link]
@modsix » 18 Dec '12, 9pm
RT @ErikVoorhees: Example of lazy, shortsighted journalism -> Bitcoin looks primed for money laundering [link] via @FortuneMagazine #tryagain
@ErikVoorhees » 18 Dec '12, 9pm
Example of lazy, shortsighted journalism -> Bitcoin looks primed for money laundering [link] via @FortuneMagazine #tryagain
@christopherhire » 18 Dec '12, 9pm
Analysis of the 'rogue' currency RT @FortuneMagazine Bitcoin may just be the perfect money laundering system [link] #currency
@BitCoinReporter » 18 Dec '12, 9pm
Bitcoin looks primed for money laundering - The Term Sheet: Fortune's deals blog Term Sheet [link] #bitcoin
@BitcoinRate » 18 Dec '12, 8pm
Bitcoin looks primed for money laundering - The Term Sheet ...: The shady online currency is starting to gain le... [link]
@joepie91 » 18 Dec '12, 8pm
Congratulations @CNN on outdoing yourself on the scale of writing badly researched and edited articles: [link] #Bitcoin
@FuerstIttleman » 18 Dec '12, 8pm
@FortuneMagazine takes an in depth look at #bitcoin, warts and all: [link] @MSBCompliance @bitcoinnews @bitcoinmoney
@Money_Marketer » 18 Dec '12, 8pm
Bitcoin looks primed for money laundering - Fortune (blog): Fortune (blog)Bitcoin looks primed for money launder... [link]
@bitcoinnachrich » 18 Dec '12, 8pm
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@ReddQian » 18 Dec '12, 8pm
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@BitConcierge » 18 Dec '12, 8pm
Bitcoin looks primed for money laundering - Fortune (blog) [link]
@RockEParker » 18 Dec '12, 7pm
RT @FortuneMagazine: Move over, HSBC. Bitcoin may just be the perfect money laundering system. [link]
@Private__Equity » 18 Dec '12, 7pm
Bitcoin looks primed for money laundering: The shady online currency is starting to gain legitimacy in certain p... [link]
@FortuneMagazine » 18 Dec '12, 7pm
Move over, HSBC. Bitcoin may just be the perfect money laundering system. [link]
@_1_____________ » 18 Dec '12, 8pm
RT @FortuneMagazine: Move over, HSBC. Bitcoin may just be the perfect money laundering system. [link]
@allieblablah » 18 Dec '12, 8pm
RT @FortuneMagazine: Move over, HSBC. Bitcoin may just be the perfect money laundering system. [link]
@Photog0711 » 18 Dec '12, 7pm
Bitcoin looks primed for money laundering - [link]