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RE: Anti-Crypto Bill: "Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017.”

in #cryptocurrency7 years ago

Right. But how would that help if they were somehow able to detect or prove you hold assets in crypto. I don't know how they would do that but the legislation is set up so that you can get hit with a money laundering charge and have all your money taken for simply not saying anything.