Authorities Should Not Expect Crypto Firms to Stop Crypto Crimes By Cointelegraph


© Reuters. John McAfee: Authorities Should Not Expect Crypto Firms to Stop Crypto Crimes

John McAfee said that it is not the responsibility of cryptocurrency firms to help prevent crypto use in crime. McAfee delivered his remarks in an interview with Washington D.C.-based news agency The Hill on Nov. 11.

McAfee argued that authorities should not require cryptocurrency companies and trading platforms to help them control digital currency use in illicit activities. McAfee said he hopes that the “societal impact of giving people freedom from an overburden and corrupted government” prevails over “what small part criminals are going to play in this technology.” He added:

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