The fact that cryptocurrencies are the vehicles of choice for predators, white supremacists and terrorists (article below) has now garnered jail time for the CEO of Binance, the largest exchange in the world. Cryptocurrency is as perniciously persistent as “social media”: with so many people invested, governments are hesitant to intervene, especially while it generates tax revenue. Cryptocurrency is the oxycontin of the financial world, but there will not be one manufacturer to hold to account once the carnage accumulates.
A new front has emerged in Israel’s fight against the funding of Iran-backed militant groups from Hamas to Hezbollah: A fast-growing crypto network called Tron.
Source: Focus: New crypto front emerges in Israel’s militant financing fight