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vkou commented on How well does the money laundering control system work?   journals.uchicago.edu/doi... · Posted by u/PaulHoule
fragmede · a day ago
He sold Bitcoin without doing KYC and went to prison for operating an exchange. He sold Bitcoin to someone he knew was somehow involved with cocaine. I don't know how morally wrong what he did was, but legally it sent him to prison.
vkou · 9 hours ago
This seems to be... WAI. And not just a guy getting punished for doing a few perfectly legal trades. It's hard to do all of the above by accident.
vkou commented on How well does the money laundering control system work?   journals.uchicago.edu/doi... · Posted by u/PaulHoule
fragmede · 2 days ago
Chris Borden went to prison for Bitcoin related financial malfeasance.

https://youtu.be/cuIRvn89988

vkou · a day ago
Was he actively involved in money laundering, theft, fraud, or tax evasion?

Did the jury have reasonable grounds for voting to convict?

vkou commented on How well does the money laundering control system work?   journals.uchicago.edu/doi... · Posted by u/PaulHoule
olalonde · 2 days ago
What I described is actually extremely mundane. Maybe you started with Bitcoin Core and later switched to a lighter SPV wallet like Electrum when the blockchain got too big. Maybe you bought a hardware wallet and moved your BTC offline. Maybe you sent some to Binance to invest in Ethereum at some point. There are countless reasons to shuffle BTC around - and countless reasons why you couldn't prove your full transaction history dating back to 2012 - none of which involve any crimes.
vkou · 2 days ago
Has anyone ever been convicted for doing a few on-exchange trades and conversions? You should be keeping your receipts for tax purposes, it's on you to provide them up to a statue of limitations.

Or is this just a theoretical concern for anyone who isn't laundering Bitcoin stolen through ransomware or from exchanges?

vkou commented on AI crawlers, fetchers are blowing up websites; Meta, OpenAI are worst offenders   theregister.com/2025/08/2... · Posted by u/rntn
vkou · 2 days ago
Why is this not a violation of the CFAA, and why aren't SWEs and directors going to prison over it?

As long as I have an EULA or a robots.txt or even a banner that forbids this sort of access, shouldn't any computerized access be considered abuse? Something, something, scraping JSTOR?

vkou commented on How well does the money laundering control system work?   journals.uchicago.edu/doi... · Posted by u/PaulHoule
olalonde · 2 days ago
That works until it does not. What if you transferred the BTC to other wallets or exchanges in the meanwhile? Even if you still had access to the original wallet, what proves that it was really yours? etc.
vkou · 2 days ago
What if you tried your best to do everything that a money launderer does without actually doing any money laundering?

If you and your friends are just innocently idling in a your car wearing a ski mask in the middle of summer with a shotgun and a large duffel bag, in front of a bank that was robbed in this manner four times last month, you're highly unlikely to, at minimum, beat the ride.

vkou commented on I forced every engineer to take sales calls and they rewrote our platform   old.reddit.com/r/Entrepre... · Posted by u/bilsbie
dcastonguay · 2 days ago
> At the end of it, they were sketching a completely different architecture without my "PMing". Because they finally understood who was actually using our product.

I cannot help but read this whole experience as: “We forced an engineer to take sales calls and we found out that the issue was that our PMs are doing a terrible job communicating between customer and engineering, and our DevOps engineer is more capable/actionable at turning customer needs into working solutions.”

vkou · 2 days ago
This is the first thing that struck me. Why does the OP still have a job if a line engineer can do it better?

Promote the guy to CTO, and fire the useless chumps who were collecting a paycheck spinning their wheels.

vkou commented on The new geography of stolen goods   economist.com/interactive... · Posted by u/tlb
wagwang · 4 days ago
> There is also almost no deterrent: Britain’s police solve only 5% of crimes (and 2% of vehicle thefts)

Idk how this is acceptable at all. Is the UK literally the state of nature?

vkou · 4 days ago
> Idk how this is acceptable at all.

Because the only society with a high clearance rate for crime is a police state that is very good at finding someone to blame, but not necessary the guy who did it.

vkou commented on As Alaska's salmon plummet, scientists home in on the killer   science.org/content/artic... · Posted by u/rbanffy
jmpetroske · 4 days ago
If you’re implying that fishing is the main culprit, I’d invite you to do some further reading. These fisheries are carefully managed to ensure that salmon are able to spawn. Granted, there is the existence of trawling boats which do cause real harm. Yet, almost all commercial fishermen detest the practice of bottom trawling due to the harm it causes.

41 millions pounds of sockeye were caught in Bristol Bay this season. I was up there working on a boat myself. Yet, the rivers were still thick with sockeye at the end of the season. It is not a free-for-all where people are allowed to catch fish in any manner they want, the rules and regulations are there to ensure that fishing is not impacting the long-term viability of these runs.

vkou · 4 days ago
The fisheries are carefully managed to keep the fishermen happy.

Whether or not that results in collapse of fishing stocks is down to greed and blind luck. When the coin lands heads, you get the Atlantic cod fishery collapse, where all the fishermen were insisting that the existing regulations were already onerous enough, and then one day there was no more cod.

vkou commented on AI is different   antirez.com/news/155... · Posted by u/grep_it
omnimus · 8 days ago
I wouldn't underestimate what can happen if 1/3 of your workforce is displaced and put aside with nothing to do.

People are usually obedient because they have something in life and they are very busy with work. So they don't have time or headspace to really care about politics. When suddenly big numbers of people start to more care about politics it leads to organizing and all kinds of political changes.

What i mean is that it wouldn't be current political class pushing things like UBI. At same time it seems that some of current elites are preparing for this and want to get rid of elections altogether to keep the status quo.

vkou · 8 days ago
Getting rid of peaceful processes for transferring power is not going to be the big win that they think it is.
vkou commented on Model intelligence is no longer the constraint for automation   latentintent.substack.com... · Posted by u/drivian
djrj477dhsnv · 8 days ago
Do you really want to live in this "post scarcity" world? With no effort required to meet your needs and desires, what motivation will you have to do anything?

Kaczynski's warnings seem more apt with every year that passes.

vkou · 8 days ago
Look, even a stopped clock is right twice a day.

Kaczynski didn't invent any of these ideas, or even develop them, instead of citing him, why not cite... Literally any other person with them whose mind wasn't blown out by LSD and a desire to commit random political murder.

You're doing your point a disservice by bringing in all of that baggage.

u/vkou

KarmaCake day16119April 15, 2013View Original