The recent TD Bank money laundering case highlights the stark hypocrisy and double standards in the financial system’s enforcement of anti-money laundering (AML) and know-your-customer (KYC) policies. Despite facilitating over $670 million in laundered funds and failing to monitor $18.3 trillion in customer transactions, TD Bank and its executives face minimal consequences, paying a symbolic…
In what can only be described as a “legally hostile environment”, developers of privacy-enhancing and decentralized technologies face an uncertain and precarious legal future, with outcomes that often resemble a “kangaroo court” scenario. Courts are increasingly interpreting the act of writing code as equivalent to criminal activity if the tools are used for illicit purposes,…
The recent legal efforts to criminalize software development, weaken encryption, and erode digital privacy represent a profound threat to the foundational principles of Western civilization, such as free speech, intellectual freedom, and personal autonomy. These actions undermine long-held legal protections, stifling creativity, innovation, and individual rights while paving the way for authoritarian surveillance and state…
