Drug traffickers laundered money through Binance. According to U.S. intelligence agencies, the amount of money laundered ranged from $16 million to $40 million. A Mexican criminal group sent crypto (bitcoins and stabelcoins) to Carlos Echavarria and received cash in return. The latter claimed to receive the fiat from the family business, which turned out to be drug sales. Echavarria's transactions were traced - $80 million passed through the trading floor. Further proof that blockchain works against criminals
US Treasury Secretary Yellen: The collapse of cryptocurrency exchange FTX demonstrates the need for oversight
The FTX incident will undoubtedly attract more and more regulatory
1 min read
Elon Musk is confident that bitcoin will survive the crisis, but the famous billionaire believes that the cryptozyme will last for a long time
"I think Bitcoin, Etherium and DOGE probably have a future.
1 min read