lyuda_kozlovska on Nostr: One more proof: the banking system is the best tool for money laundering or evade ...

One more proof: the banking system is the best tool for money laundering or evade sanctions by those in power in dictatorial countries. Dictators don't need #Bitcoin  wallets or mixers, they prefer banks, and better for them if it is western banks.

For some reason, the current AML/CFT rules do not work to prevent such cases. Will #Raiffeisen Bank be held accountable by #SDNY, #ECB and #FATF?

BTW, Raiffeisen Bank has no problem de-risking such organisation as Open Dialogue Foundation, but prefers to work with Putin's regime.