I'm always sad to see people cheering this stuff on. Every time I hear someone cheering on some oligarch who got exposed doing shell corporation stuff in offshore jurisdictions (Panama Papers, etc), I die a little inside.
Since 2001, we've seen drastic expansions in mass surveillance. Even if these are bad people, you wouldn't see these articles cheering on FBI employees who "cracked secret darknet encryption to catch criminals, pedophiles, and terrorists".
In my view, the banks' actions are morally justified. The KYC regulations everyday people are subject to when going about their business is overbearing, and we should fight back against it. The police should investigate crimes, and banks should do banking. Banks shouldn't be government surrogates.
Since 2001, we've seen drastic expansions in mass surveillance. Even if these are bad people, you wouldn't see these articles cheering on FBI employees who "cracked secret darknet encryption to catch criminals, pedophiles, and terrorists".
In my view, the banks' actions are morally justified. The KYC regulations everyday people are subject to when going about their business is overbearing, and we should fight back against it. The police should investigate crimes, and banks should do banking. Banks shouldn't be government surrogates.