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Even better, stables can be frozen. https://www.coindesk.com/business/2023/12/09/tether-freezes-41-crypto-wallets-tied-to-sanctions/ https://www.coindesk.com/b
by latchkey 3y ago
Even better, stables can be frozen.
https://www.coindesk.com/business/2023/12/09/tether-freezes-41-crypto-wallets-tied-to-sanctions/ https://www.coindesk.com/business/2023/12/09/tether-freezes-...
https://www.coindesk.com/business/2023/11/20/tether-freezes-225m-linked-to-human-trafficking-syndicate-amid-doj-investigation/ https://www.coindesk.com/business/2023/11/20/tether-freezes-...
Can't do that with bags of dollars.
- wslh 3y agoYes, they can be frozen but also cryptocurrencies could be censored by exchanges. That is the business of companies such as Chainalysis. Also, they can use mixers. If they don't use exchanges they should build liquidity at many physical points to exchange to USD.