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Swiss Bank Goes Online 99

Posted by Roblimo on Tuesday September 21, 1999 @01:37AM from the gnomesofzurich.com dept.

HalAshton writes "In a move that should make it easier to launder money on the internet. A Swiss bank is going online with initial deposits only $5000." U.S. regulators and the IRS are worried. Next thing you know, they'll want back doors into all crypto so that Internet-using tax evaders have a harder time hiding from them.

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