lyuda_kozlovska on Nostr: That is why public discussion is so important, as well as important education of ...

That is why public discussion is so important, as well as important education of policymakers, public opinion of G7 countries about the abuses of AML/CFT laws and real money laundering.

Real criminals, and even more so oligarchs, use completely different schemes to launder dirty money. For example, the daughter of dictator Nursultan #Nazarbayev, Dariga #Nazarbayeva - #UK law enforcement tried to prosecute her for money laundering. But Kazakhstani authorities used lobbyists, expensive Western law firms, and the Kazakhstani state apparatus to succeed in laundering her dirty money.

https://www.theguardian.com/business/2020/apr/08/uk-agency-loses-case-against-ex-kazakh-president-family-aliyev-nazarbayev

This is a scheme for the real work of the oligarchs, people who have stolen billions from the budget of a country where their family members have been in power for decades, politically persecuting any dissent, torturing and killing.

They do not need mixers, they have perfectly mastered money laundering schemes through investments in expensive real estate and consultations with former higher officials, top law firms.

Besides, Western intelligence services are diligently training dictatorial regimes how to recognise both traditional bankin and crypto-assets transactions, so the oligarchs have this knowledge from the intelligence services under their control in non-democratic countries. They will not use such tools.

Mixers and #bitcoin self-hosted wallets, on the other hand, are used by activists who are financially excluded by authoritarian regimes and do not have the privilege to use banking services in general due to political repression.

Moreover, the knowledge of US intelligence agencies is used to financially exclude regime critics and their family members both domestically and transnationally. This is exactly what Turkey, Kazakhstan and other regimes do all the time, sharing knowledge gained from Western partners with Russia, Iran, China to repress dissenters abroad. In less than 5 minutes Kazakhstan blocks fundraising via bank account or #Stripe for families of political prisoners, so bitcoin p2p transactions and mixers are currently the only instrument to protect human rights in such authoritarian countries. Regimes can trace such transactions, but they can't stop them and so far it has helped save lives.

Therefore, we will continue to defend mixers and self-hosted wallets, and draw the attention of the U.S. and other G7 countries to how in reality the banking systems of third countries like Kazakhstan, Kyrgyzstan, and Turkey are used to circumvent Russian sanctions to the extent of hundreds of billions of U.S. dollars and remain unpunished due to abuse of power domestically and abuse AML/CFT laws transnationally.