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by biglearner1day 1405 days ago
> Actually they go after the people committing the crime AND those facilitating it.

But only if it is in their interest. We don't see other services and platforms sanctioned for facilitating illegal activity. Furthermore, the Data Protection Directive does give users the (human!) right to privacy, considering that crypto isn't a currency, it's merely your private data which is also protected by GDPR.

2 comments

> We don't see other services and platforms sanctioned for facilitating illegal activity.

How about the various anti-money laundering regulations and agencies around the world, e.g. https://www.fincen.gov/history-anti-money-laundering-laws

How about the US Dept. of the Treasury's program against Transnational Criminal Organizations, which includes sanctions: https://home.treasury.gov/policy-issues/financial-sanctions/...

>We don't see other services and platforms sanctioned for facilitating illegal activity.

... yes we do, lol. You hear about people being arrested and platforms shut down for facilitating financial crimes in the crypto space all the time.