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>1. Crypto directly enables ransomware and *terrorist financing* Citation needed. Almost all terror financing happens with fiat (the data was released by the F
by lordofgibbons 5y ago
>1. Crypto directly enables ransomware and *terrorist financing*
Citation needed. Almost all terror financing happens with fiat (the data was released by the FBI last year. I'll update this when I find the PDF), drug & human trafficking all happen with fiat (U.S Dollar specifically). Maybe we should ban the Dollar since it makes so many terrible things possible?
Maybe encryption is bad too. I hear bad guys use it to hide their nefarious plots. /s
- echelon 5y agohttps://blog.chainalysis.com/reports/terrorism-financing-cryptocurrency-2019/ https://blog.chainalysis.com/reports/terrorism-financing-cry... https://www.buzzfeednews.com/article/johntemplon/bitcoin-cryptocurrency-terrorist-financing-janet-yellen https://www.buzzfeednews.com/article/johntemplon/bitcoin-cry... https://www.coindesk.com/policy/2020/08/13/us-prosecutors-seize-bitcoin-allegedly-tied-to-al-qaeda-isis-hamas/ https://www.coindesk.com/policy/2020/08/13/us-prosecutors-se... https://www.nbcnews.com/tech/security/north-korea-stole-record-400-million-cryptocurrency-last-year-research-rcna12080 https://www.nbcnews.com/tech/security/north-korea-stole-reco... https://asia.nikkei.com/Opinion/Will-North-Korea-be-the-death-of-Bitcoin https://asia.nikkei.com/Opinion/Will-North-Korea-be-the-deat... We're in the early days of crypto being used to fund terrorists. The usage is growing rapidly.