Bitcoin P2P as “Crime-as-a-Service”
In its latest report, titled “Money Laundering and Blockchain: Can You Track the Footprints in the Crypto World?”, the Bank highlights platforms like kycnot.me, which let users trade Bitcoin without knowing their customer identity verification (KYC), making it easier for criminals to hide illegal money.
The further report explains that these platforms let people trade Bitcoin without revealing their identity, making it difficult for law enforcement to track where the funds come from.
Money launderers often take advantage of platforms in countries with weak anti-money laundering (AML) laws or those labeled as high-risk by the Financial Action Task Force (FATF).
Interestingly, the Bank report also mentions events like “Satoshi Spritz,” where individuals gather to exchange Bitcoin for goods or fiat currency. While these events are often organized by the Bitcoin community to educate others, the Bank warns that they could also be used for money laundering.
How Money Launderers Operate
Even though blockchain technology keeps a public record of all transactions, it doesn’t show the identity of the person behind each address. Criminals use this to their advantage, finding ways to hide the origin of their money.
The Bank’s report explains some common tricks used by money launderers.
Mixers and Tumblers: These tools mix different users’ funds, making it hard to trace where the money came from.
Chain-Hopping: This involves moving funds across different blockchains to confuse trackers.
Anonymous Wallets: These wallets hide users’ IP addresses and break the link between transactions.
This approach is already taking shape through Coinbase’s “Stand with Crypto” initiative, a grassroots movement aimed at rallying voter support for crypto-friendly legislation. The campaign has drawn millions of supporters who are eager to see policies that nurture blockchain technology and digital assets, rather than stifle them with restrictive regulations.
In the lead-up to the 2024 election, the cryptocurrency industry has backed Donald Trump’s campaign due to his pro-crypto stance. Digital asset firms also made separate donations to his inauguration efforts. Ripple pledged $5 million in XRP to the Trump-Vance Inaugural Committee, while Coinbase and Kraken each contributed $1 million.
When you use terminology that is exclusively based on Relativity to describe quantum systems, you're going to get people confused. Quantum systems don't operate under GR physics, as you later say. Quantum systems don't break causality. They're part of causality. We simply don't know how because quantum physics is still unsolved.
y intuitions on 4D vibrations for both positive/ negative in X, Y, Z and Time (spacetime) coordinates tells me this should be more apparent, rather than just positive for Time, but we are used to wavefunctions evolving in positive Time. The Arrow of Time after the wavefunction collapses gives us the classical world we see. Pre-wavefunction collapse, Time has a more significant +/- component than post-wavefunction collapse.
I am not a quantum scientist. But if a photon is emitted before one is absorbed, then the atom would expend energy before it receives it. Where would this energy come from and what would the atom’s energy be “measured” at during this time (essentially just before the photon hits the atom, the “atom’s” energy would drop to produce the “second” photon which is emitted before the first one has hits. I thought information can’t be transmitted faster than the speed of light and the atom can’t have less energy than it does. ??.
Earlier today, a whale took out 13,000 Solana (SOL) tokens, worth $2.58 million, from Coinbase to buy 2.86 million governance $AI16Z tokens at an average price of $0.90 per token. These kinds of governance tokens provide protocol participants the ability to vote, giving them a say in strategic choices.
Following the purchase, the tokens were moved to the whale’s primary wallet, which currently has 15.6 million $AI6Z valued at $14.93 million. $ZEREBRO ($4.82 million) and $GRIFFIAN ($2.63 million) are also part of the wallet’s larger portfolio, which comes to $22.39 million in total.
Bitcoin P2P as “Crime-as-a-Service”
In its latest report, titled “Money Laundering and Blockchain: Can You Track the Footprints in the Crypto World?”, the Bank highlights platforms like kycnot.me, which let users trade Bitcoin without knowing their customer identity verification (KYC), making it easier for criminals to hide illegal money.
The further report explains that these platforms let people trade Bitcoin without revealing their identity, making it difficult for law enforcement to track where the funds come from.
Money launderers often take advantage of platforms in countries with weak anti-money laundering (AML) laws or those labeled as high-risk by the Financial Action Task Force (FATF).
!summarize #petealonso #nymets #mlb
Interestingly, the Bank report also mentions events like “Satoshi Spritz,” where individuals gather to exchange Bitcoin for goods or fiat currency. While these events are often organized by the Bitcoin community to educate others, the Bank warns that they could also be used for money laundering.
How Money Launderers Operate
Even though blockchain technology keeps a public record of all transactions, it doesn’t show the identity of the person behind each address. Criminals use this to their advantage, finding ways to hide the origin of their money.
The Bank’s report explains some common tricks used by money launderers.
Mixers and Tumblers: These tools mix different users’ funds, making it hard to trace where the money came from.
Chain-Hopping: This involves moving funds across different blockchains to confuse trackers.
Anonymous Wallets: These wallets hide users’ IP addresses and break the link between transactions.
!summarize #sabinehossenfelder #science
This approach is already taking shape through Coinbase’s “Stand with Crypto” initiative, a grassroots movement aimed at rallying voter support for crypto-friendly legislation. The campaign has drawn millions of supporters who are eager to see policies that nurture blockchain technology and digital assets, rather than stifle them with restrictive regulations.
In the lead-up to the 2024 election, the cryptocurrency industry has backed Donald Trump’s campaign due to his pro-crypto stance. Digital asset firms also made separate donations to his inauguration efforts. Ripple pledged $5 million in XRP to the Trump-Vance Inaugural Committee, while Coinbase and Kraken each contributed $1 million.
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!summarize #superdetermism #physics
!summarize #global #bonds #economy #centralbanks
!summarize #china #economy
!summarize #petealonso #nymets #mlb
!summarize #trump #economy #election #voters
!summarize #relationships #culture #men
!summmarize #neildegrassetyson #time #relativity #science #physics
!summarize #toronto #quantum #physics #negative #time
When you use terminology that is exclusively based on Relativity to describe quantum systems, you're going to get people confused. Quantum systems don't operate under GR physics, as you later say. Quantum systems don't break causality. They're part of causality. We simply don't know how because quantum physics is still unsolved.
y intuitions on 4D vibrations for both positive/ negative in X, Y, Z and Time (spacetime) coordinates tells me this should be more apparent, rather than just positive for Time, but we are used to wavefunctions evolving in positive Time. The Arrow of Time after the wavefunction collapses gives us the classical world we see. Pre-wavefunction collapse, Time has a more significant +/- component than post-wavefunction collapse.
!summarize #texas #state
I am not a quantum scientist. But if a photon is emitted before one is absorbed, then the atom would expend energy before it receives it. Where would this energy come from and what would the atom’s energy be “measured” at during this time (essentially just before the photon hits the atom, the “atom’s” energy would drop to produce the “second” photon which is emitted before the first one has hits. I thought information can’t be transmitted faster than the speed of light and the atom can’t have less energy than it does. ??.
!summarize #history #egypt #tanis
!summarize #shoplifters #crime #law
!summarize #gold #metal #commodities #Nature
!summarize #siberia #cold #winter #heating
Earlier today, a whale took out 13,000 Solana (SOL) tokens, worth $2.58 million, from Coinbase to buy 2.86 million governance $AI16Z tokens at an average price of $0.90 per token. These kinds of governance tokens provide protocol participants the ability to vote, giving them a say in strategic choices.
Following the purchase, the tokens were moved to the whale’s primary wallet, which currently has 15.6 million $AI6Z valued at $14.93 million. $ZEREBRO ($4.82 million) and $GRIFFIAN ($2.63 million) are also part of the wallet’s larger portfolio, which comes to $22.39 million in total.
!summarize #media #legacy #death
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!summarize #energy #stocks #growth #investing
!summarize #jimmyrollins #rickeyhenderson #halloffame #mlb
!summarize #hollywood #brettcooper #actors #culture
!summarize #china #xi #west
!summarize #elonmusk #elizabethwarren #corruption
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