this post was submitted on 30 Mar 2024
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He can't prove it? (lemmy.ca)
submitted 8 months ago by OttoVonNoob@lemmy.ca to c/memes@lemmy.ml
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[–] Kit@lemmy.blahaj.zone 43 points 8 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.

[–] Buttons@programming.dev 19 points 8 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.

[–] Sylvartas@lemmy.world 6 points 8 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