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PATRIOT ACT 2.0

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$1M Fine and Up To 20 Years in Prison❗️❗️❗️

The RESTRICT Act, introduced by Senators Warner and Thune, aims to block or disrupt transactions and financial holdings involving foreign adversaries that pose risks to national security. Although the primary targets of this legislation are companies like Tik-Tok, the language of the bill could potentially be used to block or disrupt cryptocurrency transactions and, in extreme cases, block Americans’ access to open source tools or protocols like Bitcoin.

The Act creates a redundant regime paralleling OFAC without clear justification, it significantly limits the ability for injured parties to challenge actions raising due process concerns, and unlike OFAC it lacks any carve-out for protected speech.

https://www.coincenter.org/the-restrict-act-creates-blanket-authority-with-few-checks-to-ban-just-about-anything-linked-to-a-foreign-adversary/

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SEΔHΔWK 2y ago

Does Senator Warren have like fifty cats living at her house? She may need mental help.

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Ralphy 2y ago

https://twitter.com/NSmolenski/status/1641048240945614849?s=20

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SEΔHΔWK 2y ago

My take: the government bans TicTok - it’s doing it’s job. The government passes a bill allowing it to ban apps for whatever reason - it’s government overreach.

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burns 2y ago

Warner.

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