Bulgarian law enforcement raids offices of cryptocurrency firm Nexo
> She said that investigators had proof that a Nexo client, who used the company’s platform to transfer cryptocurrencies, was a person officially designated as financing terrorism, but gave no further details.<p>All crypto is some form of crime, money laundering, evading sanctions, funding terrorism, or just a ponzi scheme, it's just different sides of the same thing.<p>I wish this space would totally collapse. Maybe if Tether (which is totally insolvent) collapses the whole space just dies.<p>That would make the world a better place.<p>Yes, it's true: the dollar or any other currency can be used for nefarious purposes as well, but that's why we have so much financial regulations and oversight (which should be better). And most of all, the upsides of regular currency (if you can call crypto a currency at all) is that it's the foundation of our societies.<p>I just want to see all crypto die in a fire. The profound negative impact crypto has had on our world with zero benefits makes me so sad.