'The dog traders open branches in the dark web, and in the end, it’s always us honest traders who pay the bill!'
This mess with Huifang Guarantee has been publicly dealt with, but they are still 'transferring money' behind the scenes! Damn! This will have a huge impact on our crypto world, it’s not just about price fluctuations, it’s about dumping a bucket of shit on all of us traders!
You see, Crow here is spreading knowledge every day, talking about blockchain transparency, saying DeFi is awesome, and what’s the result?
Those folks at the American FinCEN (equivalent to financial secret police) just released a report saying, 'Look! Cryptocurrencies mainly do this (money laundering)!' - Well, Huifang Guarantee handed them a knife directly!
Exchanges overnight delisted Monero (XMR) - why? Isn’t it just because they are afraid of being labeled as 'dark web exclusive'? It makes it seem like using Monero makes you a bad person! (Slams table) What has Monero done wrong? Is the technology guilty?
The aunties are even more afraid to enter the market! The first reaction when I mention Bitcoin is: 'Oh, that’s the one used to buy drugs?' - My blood pressure spikes immediately! Huifang Guarantee's little mouse droppings have spoiled the whole pot of soup!
Crow is going to say something from the heart:
99% of people in the crypto world are trading seriously, hoarding coins, and doing DeFi! The trading volume in the dark web is just a small splash in our market's eyes! But it can't help its 'bad reputation'! The media loves to report this!
What I fear most isn't its trading, but the 'iron fist' it brings! Countries' regulators are eager for an excuse to crack down on us, and here comes Huifang Guarantee directly offering: 'Come on! Arrest me! While you're at it, put the entire crypto world under control!' - Exchanges' KYC are getting more and more extreme, freezing accounts at the slightest provocation, who can stand that?
'Privacy' is becoming a cardinal sin! In the future, any coin that can hide transaction paths (Monero, Zcash), and even mixers, might be severely punished! Is it wrong to protect privacy? But under the banner of 'anti-money laundering', it is indeed 'guilty'!
So Crow asks you:
With Huifang Guarantee's 'haunting mess', who do you think will be the next victim? Will exchanges be forced to 'do the right thing' and delist more coins? Or will the SEC take the opportunity to trip up Bitcoin ETFs again? Or... could it be that the coins in your hand might suddenly be labeled as 'dirty money' one day?
Place your bets in the comments! Crow will draw three iron men from the fan group and send a little USDT to calm the nerves!
