11 ms·
Why should North Korea be allowed to steal and hack from other country’s people and organizations? It should be shut down immediately. I feel like your trying
by wil421 4y ago
Why should North Korea be allowed to steal and hack from other country’s people and organizations? It should be shut down immediately.
I feel like your trying to say NK and Tornado should be able to do illegal activities that harm people. Just because you don’t like the police or something.
- mikece 4y agoThe very fact (or assumed fact) that we know North Korea is using this undercuts the argument that we need to shut this down because it allows for anonymous money laundering. (By definition: the only way money laundering can be "dangerous" is if it cannot be detected or the players identified.)
- yunohn 4y agoNo, in this, the authorities had the time/money to track down the hackers. The vast majority of tornado transactions are mostly illegal, but nobody cares enough to spend their efforts on them.
- x86x87 4y agoWhat a world we are living in. Mostly illegal. Huh. Do you have any data to back this claim? Also, should banks be banned if their customers are doind shady things outside of using their services?
- polygamous_bat 4y agoIf it's a mafioso bank used mostly by the mafia, then yes, absolutely, they should be investigated and shut down. As for data, just as a first-order estimate, check out the rekt leaderboard [1] and see how many of the stories end with "and the stolen funds were routed through tornado, fin." If all crypto-adjacent crimes are reported to FBI at some point I am sure they have a much clearer statistics, but even as a civilian you can see that it's not small. [1] https://rekt.news/leaderboard/ https://rekt.news/leaderboard/
- x86x87 4y agoYes. Anecdotal evidence. The best kind! Who decides who the mafia is?
- polygamous_bat 4y agoAs I said, this is only a first order estimate, but even that is over hundreds of millions. I am sure the FBI has a much more detailed forensic account of tornado that they will bring up in the courts, which will then rule according to the law based on the evidence. On the other hand, if you don't trust FBI, the law, or the courts to do the right thing, you have a different problem entirely, at which point none of what I say should matter to you.
- x86x87 4y agoThere are at least 2 things here: 1) the laws and how they are applied and 2) what is in the interest of the people and what should the laws be? I can trust law enforcement to do its job. Heck I might even trust it to do the right thing when it comes to gray areas / methods they use. But... I can definitely disagree with some laws. In fact, people doing something because it's law without critically thinking about it has worse consequences than disagreeing with the law.
- thefreeman 4y agoJust because they know they sent money in doesn't mean they know where and how the money was distributed on the way out. Which is literally the whole point of sanctioning it.
- deleted 4y ago[deleted]
- sam0x17 4y agoYour argument is akin to saying people shouldn't be allowed to drive cars because a car was used one time in a heist.
- dpkirchner 4y agoIt's more akin to saying people shouldn't be able to provide banking services if they don't have sufficient KYC practices.
- 8note 4y agoIs that a controversial statement? That tends to be a law on the books
- dpkirchner 4y agoIt's weird that they're calling the feds lazy at the same time as they argue against the feds having data they need to enforce laws. It's also weird that the Treasury Department has such influence over crypto when it is supposed to be decentralized. The anger is clearly misplaced.
- sam0x17 4y agoIt is lazy. It is lazy to just stop people on the street who look "sketchy" instead of actually investigating crimes. That is the moral equivalent of our current financial system. We used to have the right to look sketchy but we pissed that away years ago.
- TEP_Kim_Il_Sung 4y agoWhat part of "trustless peer-to-peer electronic CASH", in Satoshi's Bitcoin whitepaper, did you not understand? There is no banking going on.
- dpkirchner 4y agoI'll make no apologies for imperfect analogies.
- TEP_Kim_Il_Sung 4y agoBy all means, shutting down North Korea is the real issue here; Don't ruin the internet on your way.