Big Banks Money Laundering: UBS Fined $4.2 Billion, Danske Shuts Down in 4 Countries

Money laundering scandals involving some of the world’s largest banks have grown this week. Switzerland’s largest bank, UBS, has been fined 3.7 billion euros (~$4.2 billion) for money laundering. Amid a $226 billion scandal, Estonian authorities have ordered Denmark’s largest bank to terminate its operations in the country. Danske Bank is also shutting down in … Read more

The FBI Reaches out to BitConnect Victims as Investigation Trucks Along

The cryptocurrency world has seen many potential scams, fraudulent ventures, and projects which were abandoned fairly quickly. BitConnect has been one of the darkest stains in the industry as a whole. Even today, it still leaves its mark, primarily because the FBI is still investigating the matter. They actively seek out victims who fell victim … Read more

Binance Asks Users to Give Back Erroneously Credited BitTorrent Token Balances

The Binance exchange is the biggest crypto trading platform in the world today. This is primarily because of its variety of markets, but also the professional service users can benefit from. For some users, however, it appears as if the recent BTT distribution has caused some friction. Sending BTT to the Wrong Users It is … Read more

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