#SquareCommunityGuidelines101 #cryptosafety
📅 On This Day in Crypto History: Justice Was Served
June 14, 2018 – The Silk Road Fallout Continues
On this day, U.S. authorities seized over $20 million in Bitcoin from a Silk Road-related wallet, reminding the crypto world that privacy coins don’t equal immunity.
👉 Lesson: Blockchain is traceable — criminal use only delays the inevitable.
June 14, 2021 – Canadian Crypto King Jailed
Aiden Pleterski, dubbed the "Crypto King of Canada," was exposed for running a $40M Ponzi scheme. His assets were frozen, cars seized, and he was eventually arrested for fraud.
👉 Lesson: Promising unrealistic gains without a registered fund is fraud.
June 14, 2023 – Celsius CEO Indicted
Alex Mashinsky, former CEO of Celsius Network, was formally charged with fraud for misrepresenting the platform’s financial health before its collapse.
👉 Lesson: Transparency in DeFi is non-negotiable — lies crash ecosystems.
⚖️ Why These Crimes Matter Today
These cases aren’t just history—they’re warnings. They show that
Regulations aren’t optional – they’re coming for everyone, eventually.
Trust in crypto grows only when bad actors are removed.
Decentralization ≠ Anarchy – every system needs rules to survive.
💡 The Takeaway
“Crypto remembers.”
Every coin has a ledger, and every crime leaves a trail. On this day in history, the law reminded us:
Play clean. Or get caught.