> Unless you can show that all use of cryptocurrency is benig
So prove you're innocent.
Yeah no thanks. I hope crypto finds a way to totally squash warrantless search of your documents (AKA KYC) to engage in finance.
So prove you're innocent.
Yeah no thanks. I hope crypto finds a way to totally squash warrantless search of your documents (AKA KYC) to engage in finance.
Cryptocurrency does not have those safeguards and is famously popular for all kinds of criminal activities so it’s hard to take seriously the assertion that it’s all victimless and doesn’t need the same countermeasures.
That one can transfer $50k worth of something like XMR, seemingly anonymously, is the entire point. You get your 4th amendment rights back.
If you want to argue that your bank checking ID is an illegal search, feel free to contact your elected representative.
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.