Or “sell” something you don’t have on eBay, collect the money, don’t send the product (obviously the buyer is in on it). Now you have legit income. Pay your taxes on it and enjoy your money. Ever wonder why you see things listed on eBay with whacked out prices and they sell? This is why.
Why would you need a scheme this complex to launder bitcoin?
You can just wash it by splitting it up and trading it between multiple currencies before spending.
Oh lookie here, we got us a real life money launderer!!
J/k
I wouldn't know how to even begin to launder money besides what I saw on breaking bad.
Or “sell” something you don’t have on eBay, collect the money, don’t send the product (obviously the buyer is in on it). Now you have legit income. Pay your taxes on it and enjoy your money. Ever wonder why you see things listed on eBay with whacked out prices and they sell? This is why.
You know, like a Wayfair cabinet.
And if the person fails to give the right Shibboleths you send them a normal cabinet, or a weird statue or w.e the listing was actually for.