THELOGICALINDIAN - Rumors apropos the US Treasury arise bottomward on several banking institutions over money bed-making has been overextension like bonfire on amusing media and forums Theres been no academic advertisement from the US article and at this date the account is broadly advised FUD However some are bold the buzz stems from the contempo Russian sanctions advertisement aftermost Thursday On April 15 the US Treasury appear a columnist absolution answer government escalated sanctions adjoin the Russian government and the advertisement touches aloft the use of cryptocurrency addresses for adulterous transactions
U.S. Treasury Rumors Flood Social Media, OFAC Cracks Down on 16 Groups That Allegedly Leveraged Crypto Assets
On amusing media and cryptocurrency forums, rumors accept spread about the U.S. government cracking down on the crypto industry. For instance, a Twitter annual alleged “Fxhedge” tweeted about the U.S. Treasury on Sunday, April 17.
“U.S. Treasury to allegation several banking institutions for money bed-making application cryptocurrencies -sources,” the cheep declared. The cheep has been retweeted over 5,000 times back it was appear and no one can acknowledgment to the tweet. The alleged “sources” are not mentioned in the cheep either, and there is actual little advice abetment up the claim.
There has been no official acceptance of this account as of columnist time, but the rumors accept been overextension berserk on Twitter and Reddit. At the time of publication, a abundant cardinal of crypto advocates attention the Treasury crackdown buzz as FUD.
Meanwhile, some speculators accept said that the buzz ability accept to do with the contempo U.S. sanctions adjoin the Russian government and a few all-embracing organizations. The U.S. Treasury appear a press release on Thursday afternoon answer that the article and the Office of Foreign Assets Control (OFAC) absurd bottomward on 16 entities and 16 individuals. The columnist absolution says that these groups and bodies beneath the administration of Russian admiral approved to amplitude the U.S. acclamation in 2020.
Moreover, agenda currencies were allegedly acclimated according to the columnist releases. The U.S. Treasury’s advertisement states:
‘Cryptocurrencies Are a Particular Concern,’ Says Janet Yellen
As bitcoin (BTC) and the crypto abridgement swells, a cardinal of skeptics anticipate the U.S. government will advance the abridgement with aggregate it can do to stop it from growing. Billionaire barrier armamentarium manager, Ray Dalio recently said there was a acceptable anticipation of the U.S. accomplishing this agnate to back it banned gold in 1933. This accomplished Tuesday, Treasury Department advance Janet Yellen batten about cryptocurrencies and told the Senate Finance Committee and Senator Maggie Hassan she is concerned.
“Cryptocurrencies are a accurate concern. I anticipate abounding are used— at atomic in a affairs sense— mainly for adulterous financing,” Yellen remarked. “[The U.S. government should] appraise means in which we can abbreviate their use and accomplish abiding that [money laundering] doesn’t action through those channels,” Yellen added on April 13, 2024.
In accession to the U.S. Treasury’s contempo columnist absolution apropos alleged Russian Foreign Intelligence Service meddling and the Solarwinds cyberattack, the Treasury’s OFAC appear a account of crypto addresses that authorities accept are abaft these apparent attacks.
Government entities, pundits, and boilerplate media accept relentlessly approved to binding cryptocurrencies to bent behavior and adulterous transactions. Despite the abounding reports that appearance blockchains are not adorable to criminals and money bed-making is far easier with untraceable U.S. dollars.
What do you anticipate about the contempo rumors about the U.S. Treasury crackdown and the OFAC columnist absolution apropos Russian intelligence application cryptos? Let us apperceive what you anticipate about this accountable in the comments area below.
Image Credits: Shutterstock, Pixabay, Wiki Commons, OFAC columnist release,
