Birdwatch Note Rating
2023-11-22 16:02:52 UTC - HELPFUL
Rated by Participant: 1A351B91AD75A746BD35C3EC344082B1FABDF4207B16780B8506A9E0A19CC471
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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