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When Trump launched a meme coin days ahead of his inauguration, Anthony Scaramucci, a former Trump White House communications director, posted on X how the anonymous nature of crypto essentially means anyone could easily deposit money into Trump’s bank account.

Also, if you want to bet on Polymarket, you can’t just deposit money from your bank account or credit card and start placing bets.

Individuals can deposit money to a hawala broker in one country, and a recipient withdraws it from a broker in another country, using a code.

Meanwhile, he used the deposit money to bankroll expensive purchases, authorities say, including a yacht, a pontoon boat, two Mercedes-Benz automobiles, two Ford pickup trucks, a recreation vehicle, a tractor, three ATVs and fishing equipment.

When negative rates are in force people have to pay to deposit money in a bank.