So far I'm wondering if the U.S. Justice Department may be behind the closing of the exchange (we shall see).
Remember, crypto threatens the Dollar as the world reserve currency. Further this is the bases of all recent wars basically taking out countries that have their own currency off of the dollar.. Naturally the war on crypto is going to be in the US because these companies are the easy targets. Assuming they are not international and they follow the regulations such as anti-money laundering regulations. These regulations will seek to impose KYC on every crypto transaction. Therefore I'm still wondering if BTC-e even did anything wrong, lets consider that the so called crime of "money laundering" might be an excuse to post pone badly needed change (the collapse of fiat money like the Dollar).
Yes, this is a very real possibility. Reading this post definitely brought to mind the closures of AlphaBay and the Silk Road and how the authorities used the events to demonize crypto in general (and seize millions in BTC).
Another theory: Many people know about the "war on drugs" so it is not enough to charge them with Drugs. They have to piggy back on the Hacking propaganda from the recent hype over the Russians hacking the US election.
We still have no evidence for that Hacking but the populations have been fed this big fat "nothing burger" (a term used privately within CNN to describe the Russian hacking propanganda). Something you can really sink your teeth in while having nothing inside.
back me vote
To the US govt, "money laundering" is any transaction they don't know about.
upvoted your comment.
back me vote