Sentences with phrase «avoiding physical money»

Bitcoin has been used by criminals for years as a way of avoiding physical money movement, with the transfer of digital tokens resulting in them being less likely to be caught.

Not exact matches

Washington's Attorney General even has a section on its website giving seniors safety tips for online dating: avoid inviting people who want just money or the opportunity to inflict physical or emotional harm.

One breeder who actually is breeding dogs for money asked to remain anonymous to avoid repercussions (whether virtual or physical) but he still accepted to put his two cents out there and be fully honest.

For example, to avoid money laundering, businesses must have the name and physical address of BOTH parties in the transaction: [blockquote person =» New York Department of Financial Services» attribution =» New York Department of Financial Services»] As part of its anti-money laundering compliance program, each firm shall maintain the following information for all transactions involving the payment, receipt, exchange or conversion, purchase, sale, transfer, or transmission of Virtual Currency: (1) the identity and physical addresses of the parties involved; (2) the amount or value of the transaction, including in what denomination purchased, sold, or transferred, and the method of payment; (3) the date the transaction was initiated and completed, and (4) a description of the transaction.