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If you had any doubts that Know-Your-Customer laws were evil, here is one very good reason: personal data of 1 BILLION people just leaked. (cybernews.com)
submitted 8 months ago by to c/technology@lemmy.world
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[–] 13 points 8 months ago* (2 children)

those crimes in specific? no.

in how they carried out specific other crimes? yeah, it changed methodology at very least. it sounds like you don't understand KYC. it was not targeted at sex trafficking. it's aimed at financial crimes.

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  • [–] 4 points 8 months ago* (last edited 8 months ago) (1 child)

    I was not equating those crimes. I was highlighting the fact that we live in multi-tiered legal and justice systems that are proportional to wealth.

    HSBC enabled fraud for organized crime in the hundreds of billions, and they didn't face even remotely equivalent consequences. Was anyone even criminally prosecuted?

    How about the people only accept measures that impose great risk to the privacy of the working class once corporate and political criminals face the same level of "justice" and consequences as the working class? Why should consumers accept paper straws while corporations are free to increase plastic waste exponentially?

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