Birdwatch Note Rating
2023-11-22 16:37:25 UTC - NOT_HELPFUL
Rated by Participant: A5BD7AEBE6FDDAB0A71997BAC7D8FAE1C17BFC88582B0C643D290D5132B8C520
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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