FBI is coming after criminals... first... then probably us...
Hi HODLers,
Today, we learned that the FBI launched a new "Crypto Crimes Unit". As much as it sounds great that they will go after criminals and scammers, I am always a bit troubled when law enforcements decide to go after crypto.
The team will be headed by longtime prosecutor Eun Young Choi
The team will focus on:
- crypto exchanges,
- mixers, tumblers and
- other types of digital asset infrastructure providers that might allow for "the criminal misuse of cryptocurrencies," according to the release.
Well, can you see the KYC use case later on? I hope you all reported your taxes to Uncle Sam !
"The NCET will enhance the Criminal Division’s existing efforts to provide support and training to federal, state, local and international law enforcement to build capacity to aggressively investigate and prosecute serious crimes involving cryptocurrency and digital assets in the United States and around the world,
Do you remember the "Patriot Act" against terrorists which is now spying on every American? Or European terrorists laws that still apply today such as "Etat d'urgence" which has been prolonged for years now in France...
Governments are abusing their powers as the Canadian situation is showing and it seems they do not feel like stopping...
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Isnt this real time surveillance? This crackdown is real.
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Yeah I don't like this, we need less government control not more and this is just a power grab.
Mixers yes used for bad but the good is there as well they just don't see that 😂.
Typically government bs
Indeed my dear....
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Obviously this won't really end the way we want it but things are only going to get much worst. Maybe they will focus their efforts on the exchanges and let the normal people get away because that is where the money is.
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Nice title "crypto crimes unit", like anyone possessing crypto keys is a criminal. In their minds, any use of crypto is a misuse of crypto, we all have to support the banking system, by threats and intimidation.
It'll be easy once everyone reports their crypto earnings on their taxes.
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