Tag: Musk

Interesting Reuters Report Accuses Binance of Money-Laundering!

Money Laundering Charlene Lensburg - June 7, 2022

Reuters published an interesting report about the world's largest crypto platform Binance. According to the report, Binance processed transactions totaling at least $2.35 billion stemming from hacks, investment frauds, and illegal drug sales between 2017 and 2021. Crypto researcher Chainalysis concluded in a 2020 report that Binance received criminal funds totaling $770 million in 2019 alone, more than any other crypto exchange. The Reuters article is certainly worth reading.

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