“Money laundering, that staple of films, both comic and thriller, has changed since the days when gangsters ran local fronts that only dealt in cash.
A recent Justice Department indictment of the founders of Liberty Reserve, a digital currency company, allows us a rare peek into the mechanics of cleaning criminal lucre. One of those founders, Vladimir Kats, pled guilty on Friday in a New York court.”
Source:How to Launder Billions and Billions of Digital Dollars – Alexis C. Madrigal – The Atlantic