---
title: Bitcoin dealers charged with money laundering through Silk Road
date: "2014-01-30T18:08:20-07:00"
modified: "2014-01-30T18:08:20-07:00"
author: kims
url: "https://dominoresearch.com/bitcoin-dealers-charged-with-money-laundering-through-silk-road"
categories: News &amp; Views, No Way!, The Domino Effect
tags: bitcoin, bitcon, money laundering, Patriot Act, ponzi scheme, virtual currency
description: You don&#8217;t say!  Seriously, Bitcon (oops, Freudian slip I guess) is not money, is not going to be real money and you can&#8217;t turn it into real money.   The potential for illicit transaction based on the virtual currency is already coming to a head and it won&#8217;t get any better.  And someone, somewhere, is behind [&hellip;]
image: 
site_name: DominoResearch.com
---

# Bitcoin dealers charged with money laundering through Silk Road

You don’t say!  Seriously, Bitcon (oops, Freudian slip I guess) is not money, is not going to be real money and you can’t turn it into real money.   The potential for illicit transaction based on the virtual currency is already coming to a head and it won’t get any better.  And someone, somewhere, is behind the manipulation of the value; nothing outside of illicit drugs or illegal arms has this kind of fluctuation in value…

Bitcoin dealers charged with money laundering through Silk Road. [http://google.com/producer/s/CBIwhLDe4RA](http://google.com/producer/s/CBIwhLDe4RA)

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