this post was submitted on 21 Nov 2024
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“I never thought I’d say ‘$5 million for a banana’,” auctioneer Oliver Barker quipped as the bidding approached its climax. The banana displayed at Sotheby’s was reportedly purchased for 35c earlier that day.

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[–] ynazuma 3 points 5 days ago (2 children)
[–] reddig33 3 points 5 days ago (1 children)
[–] ynazuma 2 points 5 days ago (2 children)

Please explain, how is this used to launder money?

[–] [email protected] 1 points 5 days ago* (last edited 5 days ago)

In the US, the average laundromat has an annual turnover of $142,000. Not nearly $5 million.

[–] [email protected] 1 points 5 days ago

Well, it does say that the buyer is a "crypto entrepreneur".