Cryptocurrency: FINCEN Labels All Crypto Users, All Privacy, As Patriot Act Terrorist Criminality, Vows Shutdown and to Arrest Coderpunks

[grarpamp]

Last week, the @WSJ published an article claiming about $90 million
worth of crypto was used to fund Hamas — a serious claim that gained
significant attention. In response to the article, anti-Bitcoin
politicians directly linked the WSJ article as evidence in a letter to
the White House and Treasury “to address the serious national security
threats posed by crypto’s use to finance terrorism.” Later, it was
confirmed that the article was patently false. It was straight up fake
news. This was confirmed by @chainalysis, which ran the numbers. Turns
out the authors of the article mistakenly counted an entire
exchanges’s trading volume ($82 million) for a terrorist group’s
address. Rookie move! The actual funds that went to known
terrorist-linked addresses was substantially less. “Of the roughly $82
million in cryptocurrency received by this address, about $450,000
worth of funds were transferred from the known terror-affiliated
wallet. Given the activity of this address, the person or group of
people controlling it is likely not the same person that controls the
terror-affiliated wallet, but is rather a service provider that
knowingly or unknowingly facilitated the terror financing activity.”
So the WSJ’s figure for crypto use in financing Hamas was off by over
99%! My question is…where is your retraction article @WSJ? Where is
the article describing why your reporters were blatantly wrong about
this? If you don’t retract it, politicians with an agenda will likely
continue to use this fake news as evidence to attack an industry they
have a personal vendetta against. Fix this please.