The US Government Is Powerless to Block Bitcoin Addresses31.73

It has been widely reported this week that the U.S. government has blacklisted two BTC addresses linked to cyber crime. These particular addresses were singled out because their owners are believed to be Iranians, whose country is currently facing heavy economic sanctions from the U.S. While the BTC addresses are clearly connected to ransomware, mainstream media has gotten one crucial element of the story wrong: You can’t blacklist a bitcoin address.

Also read: BCH Upgrades: What’s New and What’s Next

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