Saul Teaches Jesse Money Laundering | Kafkaesque | Breaking Bad

> This is called "layering" I believe it is actually "structuring". Layering is a step in money laundering where layers of legitimacy are added as money moves around. Structuring is breaking larger transactions into smaller transactions in order to avoid detection. Smurfing is also similar to structuring and honestly I don't understand the difference well enough to explain, but they are often used interchangeably in my experience. edit: Here is a short educational video on the topic of money laundering: ▶ this video

in “Suits, money laundering, and linear programming” · View on HN

Poor analogy. Speech and ideas are constitutionally protected in the U.S; accommodations are not (well, other than quartering of soldiers). A better analogy is that the government can prosecute people for doing the actions described in the Breaking Bad scene on money laundering [1], but they cannot prosecute the writers of Breaking Bad, the networks it's shown on, YouTube, or people who link to it. [1] ▶ this video

in “An Update on Tornado Cash” · View on HN

> Why do you think it money laundering? What’s the exact mechanism? ▶ this video Replace "nail salon" with "candy" and you're there. Candy is a great product for this because it's high-margin, and very low value.

in “The candy stores of Oxford Street” · View on HN

That's right; your comment brings to mind this scene where the character Saul Goodman explains money laundering in Breaking Bad (this clip is supposedly shown as part of university lectures): ▶ this video

in “Feds arrest couple, seize $3.6B in hacked Bitcoin funds” · View on HN