Rekt - Crypto Under Siege
rekt.news
DeFi / Crypto - The recent assault on crypto has some fighting back, but some are running scared too. As the crypto market expands, U.S. agencies like the SEC, DOJ, and Treasury are cracking down on the industry with a regulations blitz, setting their sights on major crypto players.

Talks about all the attacks on crypto freedom recently. Great overview and article.

"Their system demands KYC that subjects us to data breaches. 5 billion plus known records breached so far in over 2000 publicly disclosed incidents in 2024.

Crypto has seen its hacks and exploits, but legacy finance permitted $3.1 trillion in dirty money flows last year alone.

I thought they were supposed to be protecting us. Maybe we should just protect ourselves."

  • tusker@monero.town
    6·
    5 months ago

    The system actually likes data breaches because the criminal intel agencies can use all data then just blame the data breach if they get accused of something.