SP1 0.00% $1.07 southern cross payments ltd

Have another read bro.Afterpay denies finding any terrorism...

  1. 639 Posts.
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    Have another read bro.

    Afterpay denies finding any terrorism financing or money laundering activity via their systems is a clever way of side tracking the question of whether those systems are compliant with the legislation.

    It plays like this: if those systems are found to be deficient and they have failed to fulfill their obligations then what confidence does the regulator have that those systems will be able to detect, address and report any criminal activity?

    In this case, remediation and fines will be applied. Massive short opportunity now. Running at a massive loss and under a regulatory cloud. I know where'd I'd rather have my money and I multi bagged both companies.


 
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