On the Internet, anonymous ecash would allow for anonymous purchases of real and personal property. This fact yields at least two separate, but interrelated problems. First, the launderer or drug dealer will be able to discretely use illegally obtained profits to legitimately purchase property. However, currently, the opportunity to spend thousands of dollars of digital money, or ecash for that matter, on the Internet is virtually nonexistent. Second, the temptation for automobile and real property dealers to become players in the game for anonymous ecash seems overwhelming. If a seller or dealer understands that it can not possibly trace who spent ecash at its establishment, the fear of becoming involved with dirty money is drastically reduced. Under current US law, a seller of property must file a CTR for any cash transaction over $10,000. If the purchaser’s identity is anonymous, and even the bank can not trace the spent ecash, the force of the Money Laundering[11]Control Act of 1986 is withered into mere words on a page. Of course, Congress could attempt to legislate in this new area of commerce.

[9]Cyberlaundering: Anonymous Digital Cash and Money Laundering
By R. Mark Bortner