Lagarde calling for Bitcoin regulation over money laundering concerns is peak hypocr
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Lagarde calling for Bitcoin regulation over money laundering concerns is peak hypocr

<!-- SC_OFF --><div class="md"><p><a href="https://twitter.com/bloqport/status/1349394799112151040?s=21">Lagarde bashed bitcoin today for potential money laundering, claiming it will never be a currency and is far too volatile</a></p> <p>She is silent on money laundering <a href="https://www.investopedia.com/stock-analysis/2013/investing-news-for-jan-29-hsbcs-money-laundering-scandal-hbc-scbff-ing-cs-rbs0129.aspx">by major financial institutions</a></p> <blockquote> <p>”HSBC is not alone in its indiscretion. Standard Chartered (OTC:SCBFF), ING (NYSE:ING), Credit Suisse (NYSE:CS), Royal Bank of Scotland (NYSE:RBS), Lloyds Banking Group (NYSE:LYG) and Barclays (NYSE:BCS), over the past several years, have had to stump up fines for facilitating transactions with rogue nations such as Iran, Libya, Sudan and Myanmar in violation of the Office of Foreign Asset Control (OFAC) sanctions”</p> </blockquote> <p>&amp; she fails to mention that <a href="https://www.independent.co.uk/news/world/europe/christine-lagarde-convicted-imf-head-found-guilty-negligence-fraud-trial-a7484586.html">she herself has been convicted of criminal charges while head of the IMF</a></p> <blockquote> <p>”International Monetary Fund chief Christine Lagarde has been convicted over her role in a controversial €400m (£355m) payment to a businessman. French judges found Ms Lagarde guilty of negligence for failing to challenge the state arbitration payout to the friend of former French President Nicolas Sarkozy. The 60-year-old, following a week-long trial in Paris, was not given any sentence and will not be punished.”</p> </blockquote> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/nanooverbtc"> /u/nanooverbtc </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kwkchx/lagarde_calling_for_bitcoin_regulation_over_money/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kwkchx/lagarde_calling_for_bitcoin_regulation_over_money/">[comments]</a></span>Kind Regards R
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