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5 sats \ 2 replies \ @Cje95 31 Jul \ parent \ on: Trump asks for PATRIOT Act Expansion to prohibit non-sanctioned crypto transfers bitcoin
If you look at the code it cited 31 U.S. Code § 5318A it lays out the definitions and who this would fall under and its not people. Its companies, commodity pool operators (mostly companies but can be a single person who runs a fund), or Commodity Trading Advisors. These aren't normal people
As a paid apologist for Trump you can claim that but -
'Section 311 of the USA PATRIOT Act authorizes the Secretary of the Treasury to designate a foreign jurisdiction, financial institution, class of transactions, or type of account as a "primary money laundering concern" '
Absolutely could be applied to anyone.
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Perhaps this helps provide some more context:
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