Myriad false and malevolent entities exist on the modern internet. Bitcoin in the form of BSV has the potential to create a system of greater accountability that benefits honest businesses and consumers.
US Department of Justice Seizing Al-Qaeda Linked BTC
Earlier today a “Verified Complaint for Forfeiture In Rem” was filed by the Michael Sherwin, the United States Attorney for the District of Columbia on behalf of the US government against 155 BTC addresses allegedly involved in terrorism financing for Al-Qaeda and associated groups. This asset seizure is part of a larger move by the US Department of Justice in their targeting of terrorist financing with cryptocurrency.
How the Cryptocurrency Media Promotes the Misunderstanding of Law
A Coindesk article published this afternoon titled “4 Experts Agree: Craig Wright’s Latest Cryptography Claims Are ‘Nonsense’” does a nice job of illustrating two pervasive problems in today’s the cryptocurrency zeitgeist, namely: The implications of the widely believed myth that cryptocurrency/blockchain operates outside of a legal context, and the role that cryptocurrency media outlets have played in propagating falsehoods like this.
