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What? Crypto is an excellent vehicle to subvert sanctions. The point isn’t to protect the buyer, it’s to give the seller plausible deniability.
by scoofy 3y ago
What? Crypto is an excellent vehicle to subvert sanctions. The point isn’t to protect the buyer, it’s to give the seller plausible deniability.
- SXX 3y agoIs crypto is excellent for that? Might be. Is it actually used at the moment? I doubt it. How many people been charged for bypassing sanctions? How many companies been sued for or fined for this? 100? 200? EU companies still helping Russia to increase their military production and keep selling parts for heavy machinery. Husband of president of Estonia owned a business transporting whatever in and out of Russia during the war and no one gave a damn. No one care. Nothing is enforced. Sure banning some crypto will help.