Remember that the CEO of Binance was pardoned by Trump after pleading guilty to financial fraud.
Binance fired employees who found $1.7B in crypto was sent to Iran
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Re: Binance fired employees who found $1.7B in crypto was sent to Iran
#12If one of two options can't be regulated or tracked, that is the option that will predominantly be used by actors who have outsized interest in being regulation or being tracked.
Re: Binance fired employees who found $1.7B in crypto was sent to Iran
#13Re: Binance fired employees who found $1.7B in crypto was sent to Iran
#14Isn't this like the #1 use case for crypto? Everyone wants an untrackable unblockable currency that is out of government control until the day it is used for things they don't like, then suddenly "government please control this!"
It's clearly not untrackable. It's never been untrackable. That's how they know it went to Iran.
Re: Binance fired employees who found $1.7B in crypto was sent to Iran
#15https://archive.today/t2pG6
Please understand that circumventing copyright makes it more difficult for journalists to make a living.
I don't know why this is downvoted, it's the truth. NYT actually has a "gift article" functionality that makes it easy to share articles with non-subscribers.
Re: Binance fired employees who found $1.7B in crypto was sent to Iran
#16Remember that the CEO of Binance was pardoned by Trump after pleading guilty to financial fraud.
I wonder if the pardon bribe is less if your crime is something near and dear to the Orange King's heart.
Re: Binance fired employees who found $1.7B in crypto was sent to Iran
#17Earlier quoted context omitted.
I'm a subscriber, but not everyone is.
Subscribers can share the link as a gift, so readers can see the original, not the proxied version.
I cannot trust that a gift link does not tie to my IRL identity I subscribe under. I can trust that archive links do not. The NY Times gets my money either way. It's an opsec concern. Trust no one.
If someone wants to post gift links in every thread, just let me know who to pay to enable that, I am happy to.
Re: Binance fired employees who found $1.7B in crypto was sent to Iran
#18Isn't this like the #1 use case for crypto? Everyone wants an untrackable unblockable currency that is out of government control until the day it is used for things they don't like, then suddenly "government please control this!"
It's clearly not untrackable. It's never been untrackable. That's how they know it went to Iran.
Only because in this case they used a centralized exchange. The amount of actual circulation to countries like Iran and North Korea is likely many orders of magnitude higher that what is knowable.
Re: Binance fired employees who found $1.7B in crypto was sent to Iran
#19Remember that the CEO of Binance was pardoned by Trump after pleading guilty to financial fraud.
It's more than just that.
> President Trump granted a pardon to Binance’s founder, Changpeng Zhao, who had spent four months in federal prison in 2024 for his role in the firm’s crimes. The Trump family’s crypto start-up, World Liberty Financial, has forged close business ties with Binance, and Mr. Zhao was a guest this month at a conference at Mar-a-Lago, Mr. Trump’s club in Palm Beach, Fla.
Re: Binance fired employees who found $1.7B in crypto was sent to Iran
#20The article title doesn't say "Fired". The HN title is kind of misleading.
I think NYT uses multiple titles for some articles. I had copy pasted it
You can see https://bsky.app/profile/nytdiff.bsky.social for some examples of how the NYT frequently revises titles and abstracts after publication. Most of them seem harmless at least.