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rshnotsecure | 4 years ago
How so?
Domain names, especially pre-Bitcoin, were/are a fantastic way to launder money.
It costs $4,000 to set up an ICANN registrar. If I buy 1 million domain names from myself from Country X at $12, and the Registrar is located in Country Y, I have just moved $12 million without filing a single SAR. This is a very attractive way to bypass numerous financial safeguards put in place.
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