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48 sats \ 1 reply \ @netstatic 26 Mar \ on: 'Haven For Illicit Money-Laundering' - DoJ Charges Crypto Exchange KuCoin econ
the defendants allowed KuCoin to operate in the shadows of the financial markets and be used as a haven for illicit money laundering, with KuCoin receiving over $5 billion and sending over $4 billion of suspicious and criminal funds.
"suspicious and criminal funds" sounds very ambiguous. Almost like the DoJ doesn't need evidence to back up their accusations anymore. This is yet another (probably baseless) swing at the cryptocurrency industry that's bound to fail.
It probably hurts to be so entrenched in the system, like these government employees are, and see their US dollar lose more value than even some of these shitcoins.
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0 sats \ 0 replies \ @BitcoinIsTheFuture OP 26 Mar
Yup you nailed it!
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