He can spend around $1k on gift cards a day without KYC, for the rest of his life, unless he has an agency or a ex coldcard user on his ass 😆
Blockchain analytic firms like Arkham would soon spot this and notify the gift card companies and even gift cards are traceable as they normal have a spend code, which can be used to trace the fiat spender.
The most likely scenario is to spend them on the true black market for pennies on the dollar (or Sats on the BTC).
The most likely scenario is to spend them on the true black market for pennies on the dollar (or Sats on the BTC).
1
