Birdwatch Note Rating
2023-12-07 14:29:32 UTC - HELPFUL
Rated by Participant: 10743AB7A95C69A65B5A0FF6DB1996289145A96A7D0EDE0BB77ED30D9D02A683
Participant Details
Original Note:
The note shown 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