> For transactions, they primarily used the stablecoin tether, which is pegged to the U.S. dollar, avoiding the volatility that affects other tokens.<p>they need to be careful using Tether, DAI is the best bet for a stablecoin without a freezing function and automated redemption. US VC backed if you're not familiar with it, pretty time tested.<p>I appreciate crypto that highlights the relative morality of transaction whitelisting and other capital controls, since an asset seizure by <i>any</i> sovereign nation theoretically cleanses that crypto when it is recirculated or sold off, despite the transaction history always showing the illicit use (by the opinion of that one nation) and the subsequent seizure and cleaning.<p>Are transaction flagging services like Chainanalysis and Elliptic even equipped for that? Are we to care if China says moving >$50,001/yr is illegal and moves to sanction one of their residents, or are we to only care when Israel gets a seizure order against a Hamas-linked account on Binance like in the article? Or should our opinion be limited to our own country's regulations against drug dealers and court orders?<p>smells like utility to me, especially when the people see this game is futile and deprecated, and get their government out of the business of whitelisting transactions at all, since its wasting everyone's time and an unnecessary overhead cost for all financial institutions