--- title: "Meaning & Key Takeaway of: The law provides a remedy, charging those…" description: "\"The law provides a remedy, charging those who threaten a victim's data for the purpose of extortion. Extending criminal liability to innocent third-par..." image: "https://sms4smile.com/quotes/i/ab7/perianne-boring-17200_data_the-law-provides-a-remedy-charging-those_479183.jpg" --- # The law provides a remedy, charging those who threaten a… ![“The law provides a remedy, charging those who threaten a victim's data for the purpose of extortion. Extending criminal liability to innocent third-party digital currency exchangers, or any other third-party financial institution, would be an utterly unwarranted and unjust misinterpretation both…” quote by Perianne Boring](https://sms4smile.com/quotes/i/ab7/perianne-boring-17200_data_the-law-provides-a-remedy-charging-those_479183.jpg) [Download](https://sms4smile.com/quotes/i/ab7/perianne-boring-17200_data_the-law-provides-a-remedy-charging-those_479183.jpg) [Open image](https://sms4smile.com/quotes/i/ab7/perianne-boring-17200_data_the-law-provides-a-remedy-charging-those_479183.jpg) > “The law provides a remedy, charging those who threaten a victim's data for the purpose of extortion. Extending criminal liability to innocent third-party digital currency exchangers, or any other third-party financial institution, would be an utterly unwarranted and unjust misinterpretation both of law and policy.” [Perianne Boring](https://sms4smile.com/quotes/author/perianne-boring/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Argues that extending extortion law to third‑party crypto exchangers misapplies legal principles and harms legitimate businesses. **In simple terms:** Extending extortion law to crypto exchangers is unjust. Key Takeaway Limit legal scope to direct perpetrators. Themes law digital assets extortion Mood analytical cautious Type legal policy When to use this quote - policy drafting - legal counsel - risk assessment Key Concepts legal interpretation financial regulation crypto compliance Questions to Reflect On - Should victims be protected without penalizing intermediaries? - How can law balance security and market growth? A Different Perspective Over‑broad enforcement could stifle innovation. ★ ★ ★ ★ ★ No ratings yet [Data](https://sms4smile.com/quotes/about/data/) [Extortion](https://sms4smile.com/quotes/about/extortion/) [Law](https://sms4smile.com/quotes/about/law/) [Purpose](https://sms4smile.com/quotes/about/purpose/) [Victim](https://sms4smile.com/quotes/about/victim/) ## Related quotes > [ He \[Donald Trump\] is like - he's a magnet for crime and extortion and, you know, just really criminal investments which are extremely dangerous. ](https://sms4smile.com/quotes/jill-stein/he-donald-trump-is-like-he-s-a-magnet-for-crime-and-extortion-and-you/) [Jill Stein](https://sms4smile.com/quotes/author/jill-stein/) > [I don't think it's bribery; I think it's extortion. Bribery, you know, is when the person that's giving the money does it voluntarily. What…](https://sms4smile.com/quotes/john-mccain/i-don-t-think-it-s-bribery-i-think-it-s-extortion-bribery-you-know-is/) [John McCain](https://sms4smile.com/quotes/author/john-mccain/) > [“They want us to be afraid. They want us to be afraid of leaving our homes. 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Paxton](https://sms4smile.com/quotes/author/robert-o-paxton/) ## More by Perianne Boring > [Sir Richard Branson started out as a small business owner and now owns a conglomerate that will give you a ride to the moon.…](https://sms4smile.com/quotes/perianne-boring/sir-richard-branson-started-out-as-a-small-business-owner-and-now/) [Perianne Boring](https://sms4smile.com/quotes/author/perianne-boring/) > [Exchanging bitcoin on behalf of ransomware victims should not be construed as criminal activity by the exchanger, not as a matter of law nor…](https://sms4smile.com/quotes/perianne-boring/exchanging-bitcoin-on-behalf-of-ransomware-victims-should-not-be/) [Perianne Boring](https://sms4smile.com/quotes/author/perianne-boring/) > [The credit/debit card transaction system is antiquated, expensive, and inefficient. 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Foreign currency gains and losses…](https://sms4smile.com/quotes/perianne-boring/when-you-take-a-look-at-how-the-irs-treats-foreign-currency-bitcoin/) [Perianne Boring](https://sms4smile.com/quotes/author/perianne-boring/) > [I hold no economic interest in any company in this industry; however, I do hold and use digital currency for my personal use. I…](https://sms4smile.com/quotes/perianne-boring/i-hold-no-economic-interest-in-any-company-in-this-industry-however-i/) [Perianne Boring](https://sms4smile.com/quotes/author/perianne-boring/) > [The Cyprus Financial Crisis was a devastating blow to Cypriots and halted their banking system. 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