why are they calling it money laundering? that usually implies the washing of dirty money into clean money. this is just theft from twitch and it's absolutely hilarious that it took a leak for them to realize this was happening.
Techbro company makes record profits by not hiring the amount of lawyers and financial guys an actual company needs to detect fraud like this and instead bets the farm on a mix of off the shelf and homebrew anti money laundering (AML) software.
why are they calling it money laundering? that usually implies the washing of dirty money into clean money. this is just theft from twitch and it's absolutely hilarious that it took a leak for them to realize this was happening.
Techbro company makes record profits by not hiring the amount of lawyers and financial guys an actual company needs to detect fraud like this and instead bets the farm on a mix of off the shelf and homebrew anti money laundering (AML) software.
Geniuses.
9 Million is probably nothing for their revenue stream.
Yeah, the article describes credit card fraud more than laundering.