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Author Topic: [2016-08-23]China Going After Dirty Money Creates Bitcoin Momentum  (Read 256 times)
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August 24, 2016, 12:02:14 AM

China Going After Dirty Money Creates Bitcoin Momentum

Exciting things are happening in China, albeit money launderers will not agree with that statement. Beijing authorities are collecting all of the dirty money in the country. Several hundred people have been arrested who are involved in illegally transferring money out of China. In fact, a total of 192 locations were discovered were illegal banking service are offered...
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August 24, 2016, 10:05:16 AM

The money launderers are right.
Nothing exciting is happening in China, the launderers can simply convert their fiat into bitcoins - Monero - another bitcoin address which will be kept in cold storage and the authorities won't be able to trace a thing.

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