Oddbean new post about login | logout The German federal police just executed a major, concerted crackdown on non-KYC exchanges: "The operators of the now shut down exchange services are accused of knowingly concealing the origin of criminally obtained funds on a large scale through inadequate implementation of legal requirements for combating money laundering (so-called know-your-customer principle), and thus of having made themselves liable to prosecution for money laundering and operating criminal trading platforms on the Internet in accordance with Sections 127, 261 Paragraph 1 Sentence 1 No. 2 and Paragraph 4 of the Criminal Code." https://www.bka.de/DE/Presse/Listenseite_Pressemitteilungen/2024/Presse2024/240919_PM_finalexchange.html And they're actively threatening all past users of these exchanges: https://www.finalexchange.de/en
Paging @L0laL33tz ...
Germany headed in the wrong direction again
The entire west is, and if we don't get our fucking act in gear, then the whole world is going to end as a gulag planet.
The govt is not your friend
Lagarde said that Bitcoin isn't a currency, merely a 'highly speculative asset' or whatever the fuck she said, but hold Non-KYC exchanges to account as though it were currency. Again and again and again, these arrogant pigs show their hypocrisy.
