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No they responded that "AML/KYC violations " (the allegations they responded about) were "generally (although not always) victimless crimes." The violation was
by notch656a 4y ago
No they responded that "AML/KYC violations " (the allegations they responded about) were "generally (although not always) victimless crimes."
The violation wasn't money laundering the violation was not putting into place state mandated guards to impose AML compliance and the appropriate (arguably unconstitutional) searches.
- acdha 4y agoYes, this has been covered extensively. Money laundering is a crime primarily committed to cover up other crimes. It’s “victimless” in the sense that driving the get away car or fencing stolen goods is – and if you remember the example I gave earlier of ransomware, there are categories of crime which would not be committed if non-KYC cryptocurrencies didn’t exist because they would not be cost-effective.