you'd be in violation of most exchanges rules.
Looking at Mt. Gox's terms of service, it doesn't say anything about funds deposited must be used for trading purposes.
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http://mtgox.com/terms_of_serviceit might be arguable whether this already counts as money laundering.
Money laundering is the process of
concealing the source of
illegally obtained money.
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http://en.wikipedia.org/wiki/Money_launderingI'm simply trying to get funds into my Dwolla account faster than their normal procedure takes.