>*Only due to the regulating authorities demanding this to prevent money launder... | Hacker News

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rhizome on Dec 2, 2019 | parent | context | favorite | on: PIA VPN to be acquired by malware company founded ...

>Only due to the regulating authorities demanding this to prevent money laundering

Authorities demand tracking/ID info for users because the industry declines to make laundering impossible on their platforms.

jeltz on Dec 3, 2019 [–]

How would you make money laundering impossible? If we could we would. Money launders are shitty customers who mostly just rack up tons of transaction fees for us which their losses just barely pay for.

rhizome on Dec 3, 2019 | [–]

I don't know, I'm not in the profession. Maybe start from first principles?

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