CNN Takes Aim at Bitcoin’s Money Laundering Potential

CNN Takes Aim at Bitcoin’s Money Laundering Potential -

maxkeiser.com 21 Dec '12, 6am

CNN Takes Aim at Bitcoin’s Money Laundering Potential

The CNN article serves two purposes: the de-legitimization of Bitcoin and the highlighting of fines “almost hard to comprehend.” Of course, while HSBC owes $2 billion and Standard Chartered $327 million, considering such banks’ overall balance sheets, these fines are only breathtaking to the destitute masses. Having been accused of helping illegal transfers and business in violation of international law and UN sanctions, the two banks – who have helped Mexican mafia and Tehran, respectively – have aided illegal transactions to the tune of hundreds of billions of dollars. It is not just these two banks that are involved in dominant financial system fraud, for the fraud is endemic to the system. In order to exist as a multinational player, a bank must blend in and commit fraud. As CNN reports, and everyone knows, “nearly every major financial institution from Credit Suisse (...

Full article: http://maxkeiser.com/2012/12/21/cnn-takes-aim-at-bitcoins...

Tweets

@securityaffairs » 22 Dec '12, 3pm
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@GatoMalo2 » 22 Dec '12, 2pm
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@BitcoinOz » 22 Dec '12, 1pm
CNN Takes Aim at Bitcoin's Money Laundering Potential - Max Keiser: the de-legitimization of Bitcoin an... [link] #bitcoin
@HQOccupy » 21 Dec '12, 11pm
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@BludRIN » 21 Dec '12, 10am
Anti Bitcoin propaganda from CNN [link]
@BitCoinReporter » 21 Dec '12, 10am
CNN Takes Aim at Bitcoins Money Laundering Potential - Max Keiser [link] #bitcoin
@1freetruth » 21 Dec '12, 6am
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@HQOccupy » 21 Dec '12, 6am
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@Lokiluck3 » 21 Dec '12, 6am
RT @FedUpUSA: RT @MaxKeiser CNN Takes Aim at Bitcoin’s Money Laundering Potential [link] #economy
@FedUpUSA » 21 Dec '12, 6am
RT @MaxKeiser CNN Takes Aim at Bitcoin’s Money Laundering Potential [link] #economy
@drippingsilver » 21 Dec '12, 7am
CNN Takes Aim at Bitcoin’s Money Laundering Potential [link]
@silvertrend » 21 Dec '12, 7am
CNN Takes Aim at Bitcoin’s Money Laundering Potential [link]
@silversigner » 21 Dec '12, 7am
CNN Takes Aim at Bitcoin’s Money Laundering Potential [link]
@MetalsRocker » 21 Dec '12, 6am
CNN Takes Aim at Bitcoin’s Money Laundering Potential [link]