TikTok was used to spy on reporters and track their sources. They were tracking IP information and this was used to monitor journalists in the US.
The unethical nature of this intrusion led to calls for the banning of TikTok. /3
An important point to note is that the following statement was mentioned earlier in the bill:
“Catastrophic effects on the security or resilience of the critical infrastructure or digital economy of the United States”
This is a direct and predetermined attack on cryptocurrency. /53
The bipartisan support along with trepidation about the CCP and concerns about the invasive nature of social media resulted in significant support for the ban of TikTok.
The Bills produced to ban TikTok were the Restrict Act and Data Act. But these Bills are far more intrusive than what they sought to ban. /23
It isn't just limited to surveillance, but when the government spies on you and requires more information, it has complete authority to make you turn in all information they deem ‘necessary’.
They’re essentially telling us: ‘we will spy on you, and then you will spy on yourself for us’. /38
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OFAC Obfuscation
In 2018 Binance was operating in the US.
But despite US Office of Foreign Assets Control (OFAC) being the administrator, Lim allegedly made the following statement:
“There is no fking way in hell I am signing off as the CCO for the OFAC shit.” /6
He also said “For years, Binance knew they were violating CTFC rules” and that this should be a warning for ANYONE in the “digital asset world” that they would not tolerate avoidance of US law.
Here are some key details from the lawsuit. /5
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