U.S. lacks authority to pursue financing of domestic terror, witnesses tell House subcommittee

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Investigators lack full authority to pursue the financial transactions of alleged domestic terrorists using Bitcoin or other cryptocurrencies, witnesses told members of Congress Thursday.

The hearing conducted by the House Financial Services Committee's Subcommittee on National Security didn't focus exclusively on the use of Bitcoin to fund illegal activity, but witnesses said cryptocurrencies were one of several methods used for funding the January 6 attack on the nation's Capitol.

Dr. Daniel Rogers, co-founder and chief technical officer of the Global Disinformation Index, a non-profit watchdog group based in the United Kingdom, said extremist groups often move to cryptocurrencies after being de-platformed and losing conventional ways to raise and transfer money. Another proposed bill would empower investigators to freeze assets of those charged with crimes related to domestic terrorism.

A visual representation of the digital Cryptocurrency, Bitcoin and a smart phone showing the Blockfolio app is seen on the screen on September 04 2018 in Hong Kong, Hong Kong.Congressman Warren Davidson, a Republican from Ohio, said any legislation must respect the right to free speech and uphold the Constitutional prohibition against unreasonable search and seizure.

 

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Isn't that the job of are military & Guantanamo Bay Detention Camp

there’s probably a mostly straightforward way to build a RICO case treating them like organized crime syndicates

remarkable

Watch us do it. The Supreme Court will not find in favor of terrorist domestic or otherwise

Not true any organization funding terrorist organizations domestic or otherwise can be sanctioned

“Domestic terror”, do you mean the BLM mobs?

Just for the record, the weather today is calm and sunny, but the air is full of bullshit. --- Chuck Palahniuk

What is needed: Prosecuters, Juries + Judges with SPINES (& Guts) Long Long Prison Sentences in dark damp old school Prisons

This is BS. The truth is that there are too many Republicans in government who know fully well that they will be voted out of office if they even so much as hint at signing any legislation that gives Federal authorities the right to pursue the financing of domestic terrorism.

hahahahahahaha

Rep. Davidson's out to lunch. 'Where do we draw the line?' Somewhere before domestic terrorists I would say. Wonder how much of that financing comes from foreign nationals...

😂😂😂😂 that person is stupid

Bullshit!

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