by olegp on 5/17/24, 12:44 PM with 42 comments
by brookst on 5/17/24, 1:45 PM
> While Pertsev added functionality to the web interface that allowed legitimate users to separate their funds from those arriving from known criminal addresses, they characterized the effort as “too little and too late.”
I admit it sounds pretty damning to have a UI affordance for “keep my funds separate from the known criminals this service knowingly serves”.
I have little sympathy for those who intentionally increase crime as some kind of political statement, but it seems like maintaining plausible deniability would be very important to those who do so.
by olegp on 5/17/24, 1:35 PM
by cedws on 5/17/24, 1:43 PM
by superkuh on 5/17/24, 1:39 PM
>The settlement reached between Wachovia and U.S. authorities, known as a "deferred prosecution," raises questions. It's a probationary agreement, effectively allowing the bank to evade prosecution if it abides by the law for a year. While the fine imposed was substantial, it amounted to less than 2% of Wachovia's 2009 profit.
by jiveturkey on 5/17/24, 7:18 PM
> But Dutch prosecutors say the case was simpler than all that. It wasn’t about the right to privacy, or the liability of open source developers, they claim, but the choices of an individual. “[Pertsev] made choices writing the code, deploying the code, adding features to the ecosystem. Choice after choice, all the while he knew that criminal money was entering his system,” M. Boerlage, the lead prosecutor on the case, told WIRED ahead of the verdict. “So it’s not about code. It’s about human behavior.”
How is it different than, say, gun or ammo manufacturers? I suppose the quote here is highly simplified and almost all nuance removed, but still. How is this different than metasploit?
by Night_Thastus on 5/17/24, 2:59 PM
I am shocked, shocked!
Well, not that shocked.