The controversial John McAfee said that the authorities should not expect that the companies cryptographic the help in their struggle against the criptocrimen. He also explained that this was not their responsibility to cooperate to prevent offences with cryptocurrencies. McAfee argued that the authorities should not ask the companies cryptographic the help to control the illegal use of these assets. For him, this will not cause any benefit to the entrepreneur and could potentially hinder your work. The controversial millionaire also stated that it expected “the social impact of providing people with the freedom of a government overburdened and corrupt” prevails over “what small role they will play criminals in this technology.” “You can’t put that responsibility on me as an entrepreneur. You can’t push myself to help you prevent what could be a crime in the future.” It is important to remember that recently, the Network of Enforcement of Financial Crimes of the united States revealed new results. These show an increase in the Reporting of Suspicious Activity relating to cryptography. In fact, the number of these reports exceeded 1,500 per month.
Contents
Facts rather than words: refusal of the industry to the postulate of McAfee
In spite of the speech of John McAfee, the members of the industry do not seem to have a problem with collaborating with the authorities. Especially if it comes to combat with the criminals who use cryptocurrencies. In addition, it is important to clarify that companies do not have the obligation to track suspicious behavior associated with digital currencies. So the argument of McAfee who claimed they were obliged to do this, it is not entirely true. However, there are some members of the industry who themselves have decided to take a more active role in this task. For example, Chainalysis, the company’s analysis of the Blockchain. Recently, this entity launched alerts for suspicious transactions in the top 15 cryptocurrencies. The tool is intended to help exchanges and other financial institutions to mitigate their regulatory risks and reputation. According to a report Chainalysis, 64% of the strategies of attacks ransomware involving money laundering through exchanges cryptographic. The 12% involving services of mixture and 6% involved networks of peer-to-peer. Data such as these help both the companies cryptographic the authorities to fight against crime-digital. Although McAfee advocate for an industry that is planted against the authorities, the companies cryptographic have shown that the relationship between both parties does not always happen that way. The following two tabs change content below. I am a student of International Studies, interested in new technologies and their impact on the world. A true believer that tenacity is the foundation of success.