When you examine the statements of US politicians regarding cryptocurrencies, you would think they are talking about a terrorist organization. According to them, cryptocurrencies are the source of all the world’s evil and are responsible for financing all kinds of crimes. In short, they argue that many problems will be solved if crypto ceases to exist. But is that really the case?

当你审视美国政客关于加密货币的言论时，你会认为他们在谈论恐怖组织。他们认为，加密货币是世界上所有罪恶的根源，并为各种犯罪活动提供资金支持。简而言之，他们认为，如果加密货币不复存在，许多问题都将得到解决。但事实真的是这样吗？

The Fed and Million-Dollar Penalty

美联储和百万美元罚款

We have previously discussed various crimes, ranging from money laundering to the abuse of authority, using examples from traditional financial institutions. In doing so, we mentioned that the bad examples in crypto are unique to humans.

我们之前已经使用传统金融机构的例子讨论了从洗钱到滥用权力的各种犯罪行为。在这样做时，我们提到加密货币中的坏例子是人类独有的。

The Federal Reserve and the New York Department of Financial Services (DFS) have imposed a $29.5 million fine on Metropolitan Commercial Bank for violating the Bank Secrecy Act, alleging that the bank allowed/facilitated $300 million in erroneous transfers. According to DFS, the bank provided the MovoCash digital prepaid Visa card program to malicious individuals in 2020 because it lacked a sufficient verification process to reveal the applicants’ true identities.

美联储和纽约金融服务部 (DFS) 对大都会商业银行处以 2,950 万美元罚款，理由是该银行违反《银行保密法》，指控该银行允许/协助 3 亿美元的错误转账。据 DFS 称，该银行在 2020 年向恶意个人提供了 MovoCash 数字预付 Visa 卡计划，因为该计划缺乏足够的验证流程来泄露申请人的真实身份。

Thieves who registered on the platform with fake identities redirected numerous payroll payments and government aid to themselves. In other words, MCB failed to prevent a massive fraud in the MovoCash prepaid card program and allowed malicious individuals to exploit the financial system.

使用虚假身份在该平台上注册的窃贼将大量工资支付和政府援助转给了自己。换句话说，MCB 未能阻止 MovoCash 预付卡计划中的大规模欺诈行为，并允许恶意个人利用金融系统。

Over $300 million in pandemic relief and other payments fell into the hands of scammers. The Fed is now forcing MCB to improve its customer identification, customer status determination, and third-party risk management programs.

超过 3 亿美元的疫情救济金和其他款项落入诈骗者手中。美联储目前正在迫使 MCB 改进其客户识别、客户状态确定和第三方风险管理计划。

Is the Problem with Cryptocurrencies?

问题出在加密货币上吗？

MCB is already a $6.7 billion institution, with most cryptocurrencies having a market value greater than its assets. In fact, if we consider its assets such as DeFi TVL, Maker, excluding Lido, surpasses the entire platform in terms of total locked value. So, what has this “regulated” and “US-interest-serving” institution done? It has fallen into the hands of the Fed for the crime of “weak KYC,” which necessitates waging war against crypto exchanges.

MCB 已经是一家价值 67 亿美元的机构，大多数加密货币的市值都大于其资产。事实上，如果我们考虑其 DeFi TVL 等资产，Maker（不包括 Lido）的总锁定价值超过了整个平台。那么，这个“受监管”、“为美国利益服务”的机构做了什么？它因“弱 KYC”罪而落入美联储手中，这就需要对加密货币交易所发动战争。

So, is the problem really with cryptocurrencies? We mentioned that US politicians use bad examples in crypto to wage war against the entire industry. In that case, shouldn’t they say that existing banks are at the center of evil and the den of fraud? Is the exploitation of $300 million in government aid insignificant?

那么，问题真的出在加密货币上吗？我们提到美国政客利用加密货币领域的坏例子向整个行业发动战争。既然如此，他们不应该说现有的银行是邪恶的中心和欺诈的巢穴吗？难道利用3亿美元的政府援助微不足道吗？

The problem is not with cryptocurrencies. The crime lies in the human factor, and there are also bad actors within the crypto industry. Just like the leaders of massive institutions that have been penalized for billion-dollar money laundering crimes, the criminals are to blame.

问题不在于加密货币。犯罪的根源在于人为因素，加密行业内部也存在不良行为者。就像因洗钱罪而受到惩罚的大型机构的领导人一样，犯罪分子也难辞其咎。

And cryptocurrencies are not the primary financial channel for crime. Just a few years ago, ISIS was selling slaves for $10,000. Those who handed over the green paper with Benjamin Franklin’s portrait bought slaves for amounts like $10,000. ISIS did not conduct slave sales with Dogecoin or Ethereum.

加密货币并不是犯罪的主要金融渠道。就在几年前，ISIS 还以 10,000 美元的价格出售奴隶。那些交出印有本杰明·富兰克林肖像的绿皮书的人以大约 10,000 美元的价格购买了奴隶。 ISIS 没有使用狗狗币或以太坊进行奴隶销售。

继续阅读：https://en.coin-turk.com/are-cryptocurrencies-the-source-of-all-evil/