It is getting harder to tell whether Crypto actually means “Criminal”.

Take this Reuters article, for instance (emphasis mine):

The charges under investigation are unlicensed money transmission, money laundering conspiracy and criminal sanctions violations, the four people said. No final charging decisions have been made, though prosecutors consider Zhao and some other executives to be subjects of the investigation, one source familiar with the situation said.

I don’t think there’s any doubt that Proof of Work Waste blockchains should be considered criminal when considering the substantial environmental impacts. But hey, as long as you have your “unique” profile pic or your magic beans, who cares, right?

12 December 2022 — French West Indies