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There's no section 230 for money laundering. If you want safe harbor from the crimes of your customers, you need to lobby for explicit protection in the law.
by ajross 3y ago
There's no section 230 for money laundering. If you want safe harbor from the crimes of your customers, you need to lobby for explicit protection in the law.
In this case, there actually are safe harbor laws in place that protect banks from being prosecuted in exactly this way as long as they correctly implement KYC/AML protocols. Tornado didn't feel they wanted to do this, so quite deliberately and publicly flaunted the law that would have protected them. And this is what happens.
What's the "precedent" being set exactly here? Follow the law like your competitors do and you won't get fingered as an accomplice?
- lucisferre 3y agoSo "move fast, break things" isn't a valid defence?
- klyrs 3y agoGotta move fast enough you can't get caught.