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Financial privacy is not money laundering. It's only money laundering if you're hiding the proceeds of a crime. That's how the term is defined and the laws are defined. People using it for other reasons were not violating any US laws.
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Replying to and
How exactly do you have financial privacy when your bank can see and sell your financial data along with their employees being able to easily view it? You also depend on them to secure your data. Privacy from governments is perfectly valid too. Governments are not benevolent.
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Replying to and
I'm not sure why you assume that I'm American. The person who was arrested in the Netherlands is not American either. Perhaps news to you but there are other countries in the world than the US and US law isn't international law.
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