this post was submitted on 30 Mar 2024
451 points (95.2% liked)

Memes

45597 readers
1339 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 44 points 7 months ago (2 children)
  1. Joe gives Kevin $1mil worth of Cocaine.
  2. Joe draws an ape in MS paint.
  3. Kevin buys the digital ape drawing from Joe for $1mil in Bitcoin.

That is how you launder money with art and Bitcoin.

[–] [email protected] 20 points 7 months ago (1 children)

Because it's normally suspicious if someone gives $1mil for no reason, but if you know it's for a monkey jpeg, then it's normal.

[–] [email protected] 9 points 7 months ago

I have no idea if it attracted the attention of any regulatory body but yeah that's pretty much how it went down as far as I know