Eric Geller

@ericgeller ↗

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Last Checked March 17, 2022

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Wed Aug 04 13:27:22 +0000 2021

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Eric Geller @ericgeller

The U.S. also has a nuclear option: sanctioning noncompliant exchanges. This would make it almost impossible for them to convert BTC/etc. into $/€ — a big part of their biz — as other exchanges connected to broader financial system would refuse to facilitate their transactions. — PolitiTweet.org

Posted Aug. 4, 2021 Hibernated

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Eric Geller @ericgeller

Since that G-7 statement in 2020, major ransomware attacks have led the U.S. and close allies to call ransomware a national security priority, which Painter said creates "much more possibility of action among the big players." — PolitiTweet.org

Posted Aug. 4, 2021 Hibernated

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Eric Geller @ericgeller

Imposing sanctions "would be quite devastating to most of these exchanges," @DAlperovitch told me. But there's no indication that the Biden administration is considering this option right now. — PolitiTweet.org

Posted Aug. 4, 2021 Hibernated