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   Nicole Parsons (npars01@mstdn.social)'s status on Wednesday, 29-Jan-2025 09:19:50 JST Nicole Parsons

   in reply to

   @Atticus1956 @GottaLaff

   The tech industry has wanted to sidestep banking oversight & financial regulations for a long time. Tax evasion is part of it.

   Cryptocurrency is a vehicle for foreign money in elections, straw donor schemes, & malign influence campaigns. AI helps hide the money laundering.

   https://www.exus.co.uk/blog/facebook-and-libra-how-social-media-companies-are-getting-into-banking-and-what-banks-can-do-about-it

   Meta's Zuckerberg is visibly panting over access to user's banking.
   https://www.tomshardware.com/news/banks-data-sharing-facebook,37556.html

   https://thespinoff.co.nz/business/18-11-2024/banks-are-grappling-with-a-scam-crisis-while-facebook-profits-from-it

   https://www.kaspersky.com/blog/facebook-banking/23797/

   https://www.wsj.com/articles/facebook-to-banks-give-us-your-data-well-give-you-our-users-1533564049