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Binance was slapped with a $4.3 billion fine because it let groups like Hamas and ISIS receive funds: Treasury Department (www.businessinsider.com)

submitted 7 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Binance was slapped with a $4.3 billion fine because it let groups like Hamas and ISIS receive funds: Treasury Department::"Can barely buy an AK-47 with 600 bucks," a Binance compliance staffer told his boss in 2019, per regulators.

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[–] shortwavesurfer@monero.town 5 points 7 months ago (1 children)

If a rich person is using crypto the way it is meant to be used with holding their own keys, then they don't get their money back either if they lose their keys. Literally, it's not your keys, not your coins. If they don't have the key, they don't have the coins no matter who they are.

[–] cheese_greater@lemmy.world -3 points 7 months ago* (last edited 7 months ago)

I don't know how to admit what I feel when I watch all the scumbag upwardly-mobile already upper class yuppies crying about losing their currency cuz they wanted to 10x or whatever. It really is a beautiful thing and its even more hilarious how everyone babies rich douchebags.

If only they could quit poverty like the vapid dilletantez they are