The crypto community scorned a Financial Times (FT) article for its lack of balance.
Crime is a feature
Jemima Kelly’s piece “Using crypto for crime is not a bug — it’s an industry feature” argued that speculation and criminality are the main uses for cryptocurrency.
The author argues that since cryptocurrency operates “outside the system,” it enables criminal and illicit activities to take place undetected by authorities — leading her to conclude that crime is an inherent feature of crypto.
When challenged on technology being neutral, Kelly said:
“But this simply isn’t true: crypto was designed as a censorship-resistant payment mechanism that operates outside the traditional financial system and beyond the remit of regulators.”
In support of her argument, Kelly mentioned the CFTC’s enforcement action against Binance, saying the exchange knowingly laundered criminal proceeds with approval from its Chief Compliance Officer.
Also, despite 2022 being marked by co
We współpracy z: https://cryptoslate.com/redditors-blast-ft-article-on-crypto-criminality-for-one-sided-view/
