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by ajross
1048 days ago
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No, that's just what the outrageous clickbait headline[1] fooled you into thinking. The banks aren't being fined for using Signal or WhatsApp or any particular technology, they're being fined for failing to keep records of regulated communication they're required by law to present for auditing. Obviously if you use tools that don't keep records, you need to find a way to save it yourself. [1] Bad in the CNBC original, but actually truncated here on HN to remove the explanatory clause. The original reads "Banks hit with $549 million in fines for use of Signal, WhatsApp to evade regulators’ reach" |
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