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Comment by sdoering

4 years ago

> I've heard that large transactions (>10k) or near-sized ones are flagged.

Thi sis transmission of funds and there are laws regulating the monitoring of those.

I used bank vaults were you put things into the vaults without the bank often times knowing what is in there. If they knew, they would need to report to authorities.

So Apple doing this scan would be the bank opening all vaults, scanning the contents and reporting things to the IRS (I think this is the tax thing in the US if I am not mistaken - in Germany it would be the Finanzamt).