Step 1: Make a small, basic app. Include lots of in-app purchases for no reason.
Step 2: Use dirty money to buy those in-app purchases.
Step 3: Receive washed money from the App Store, minus the ~20% commission that the store takes.
Step 4: That’s it. You’re done. You’ve successfully laundered money in the App Store.
this fails at step 2. you can’t pay from your google account. you need google to send that money to your bank or paypal account. and at that point, you already have KYC.
Step 1: Make a small, basic app. Include lots of in-app purchases for no reason.
Step 2: Use dirty money to buy those in-app purchases.
Step 3: Receive washed money from the App Store, minus the ~20% commission that the store takes.
Step 4: That’s it. You’re done. You’ve successfully laundered money in the App Store.
this fails at step 2. you can’t pay from your google account. you need google to send that money to your bank or paypal account. and at that point, you already have KYC.