🥹 my friend, come to Somalia, like Venezuela a land of opportunity. Live of 2000 Sat a day.
Last week, the UN General Assembly adopted the UN Cybercrime Convention – a global treaty to formalize the cooperation of law enforcement agencies between UN member states, that officially voids bank secrecy laws.
Here's what this means for you:
When other countries want to access your financial information for law enforcement investigations, they currently have two primary methods to rely on.
First, there's information sharing via the Egmont Group: a global consortium of Financial Intelligence Units (FIUs), which allow countries to request financial data for anti-money laundering and counter-terrorist financing investigations from other FIUs. A similar program already exists within the UN, called goAML – a database to share financial information.
Data shared via the Egmont Group is highly confidential and for investigative purposes only, i.e. not allowed to be used in court.
To legally act on the information obtained, countries have mutual legal assistance treaties (MLATs), which require law enforcement agencies to cooperate with each other for example in the seizure of assets.
Under the UK-US MLAT, if the UK receives a request by the US to freeze or seize a person's assets due to a money laundering investigation, the UK is required to oblige by the US' requests, and vice-versa.
In contrast, for example, the UK currently does not have an MLAT with China. While both are parties to the UN, and some cooperation agreements for UN member states already exist, the UK may currently tell China to fuck off if it requests the seizure of assets held in the UK.
The UN Cybercrime Convention essentially functions as a UN-wide MLAT. The only prerequisite to the Convention is that the crime a country requests assistance in is also a crime in the country it requests assistance from.
With the UN's Cybercrime Convention, China, and any other UN member state, may now request other countries to freeze, seize, and forfeit assets on behalf of the requesting country – MLAT or not.
The Convention is now expected to be ratified by UN member states, and it's an absolute nightmare for the security of your funds, putting you at risk of asset seizures through authoritarian regimes – no matter what country you are in.
https://www.therage.co/un-cybercrime-convention-bank-secrecy/
Really short: What does it mean?
Just remove the like button with a future Nostr Update. At least 1 Sat is affordable for everyone.
Everything is possible.
Not needing money, makes you more powerful.
Stay humble, stack sats
Live simple, love great ❤️✨
Good morning nostr, i am ready for the day, just finishing up my first coffee. Thankfully it didnt get as cold last night as was forecast, only 34 right now. Anything above freezing is good. Should be a super busy day, so i gotta run. Yall have a great wednesday, enjoy your coffee, and do your work with a happy heart. #coffeechain #grownostr #homesteading https://cdn.nostrcheck.me/8d9d2b77930ee54ec3e46faf774ddd041dbb4e4aa35ad47c025884a286dd65fa/b7efa69d743f4528d73abec0e037e375e4d0901997885a96b980df7a3b6f1274.webp
Somedays are just chilling through the day.
GOOD MORNING NOSTR.
LIVE FREE. 🫡
https://cdn.satellite.earth/42955977c9d812c02f6cea16f8a3102143f4a7c8c422158e53958806e4d58603.mp4
LIVE FREE 🫡
Anything in your sight?
On point. Living of Nostr is - at the moment - not really possible (If you not live in Venezuela)…
Where can I get one of this shirts? nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m
Human art ✨
Can someone explain this for newer bitcoiners?
Under 30k a month you can look at the Swiss 🇨🇭
That’s wild. Try the support… if any is left.