Birdwatch Note Rating
2023-12-07 07:18:15 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 991A209035426D51BDB39E77B9A565674F5523024F56BCB282862C3B0A1F204F
Participant Details
Original Note:
The proposed note says "less than 1% transacted in crypto are illicit", however the source cited says less than 1% relative to "the Traditional Fiat Monetary System"- I.e, total US dollar expenditures. Note is misrepresenting the source and is factually incorrect. https://www.oodaloop.com/archive/2023/10/08/crypto-fraud-is-less-than-1-of-the-annual-3-2-trillion-in-illegal-activity-in-the-traditional-fiat-monetary-system/
All Note Details