Birdwatch Note Rating
2023-11-22 15:07:39 UTC - HELPFUL
Rated by Participant: 0D9DE4421304E9613114A43C726C871157F070C285E73362A8B30A763E298D8D
Participant Details
Original Note:
On-chain crypto is a terrible way to commit crimes, because the audit record is public and very easy to trace. Binance is not a chain however. It is a centralized entity, and it maintains its own internal ledger. Which is how all of traditional banking works. https://www.chainalysis.com/blog/cryptocurrency-terrorism-financing-accuracy-check/
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