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>They would be doing that to prevent money laundering, trying to stop people going to sanctioned places and transferring money around for the locals at a hefty
by maxheadroom 7y ago
>They would be doing that to prevent money laundering, trying to stop people going to sanctioned places and transferring money around for the locals at a hefty profit. (in other words, not the opposite of the intent of the law)
Did they forget we have modern inventions, like VPN and airplanes? Localising it to Ukraine (in this context) sounds like they're generally just after the low-hanging fruit (read: the poor who can't afford such things).
- colechristensen 7y agoIt's the result of a risk calculation with limited information. Hanging out near war zones and sanctioned countries significantly increases the chance that you're committing financial crimes, so when they have some information that you're doing that kind of thing you're much more likely to trip an alarm. VPNs don't help you with bank apps that report your GPS position. Sanctions aren't particularly excellent at stopping bad actors.
- maxheadroom 7y ago>Hanging out near war zones and sanctioned countries significantly increases the chance that you're committing financial crimes... Citizens of Ukraine are just "hanging out" in Ukraine? We're still talking about Ukraine being sanctioned because of Crimea, aren't we? Or have you unintentionally broadened the scope of the discussion? Wouldn't it be more truthful to say that citizens of a country sanctioned and/or that have become war zones are at an increased chanced to do things (however uncolourful) to survive as a direct result of that very same reality?
- colechristensen 7y agoI guess we're talking about different things.