If you live in North America or the EU and you're sending large amounts of KYC Bitcoin into coin join transactions, you're gonna get rekt.
Discussion
can you elaborate on this?
They will decide that it amounts to money laundering. Because of lack of manpower, they will only be going after the people who moved a lot of volume this way at first. It doesn't matter if they can't determine where those sats went on the other side of the coin join. If you're wallet address sending the sats into the coin join is linked to your identity, that will be enough for them to bring money laundering charges against you.
do you have the legal justification for this on hand ? did i miss a US law being passed ?
It's coming. Just reading the writing on the wall.