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  1. #1
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    Default $4Bil BTC Laundering Sceme Busted


  2. #2
    Moonlight Cat's Avatar
    Moonlight Cat is offline Private Member
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    Yes, this is BTC-E.Com

  3. #3
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    It appears to stem from a complete lack of K-Y-C procedures at registration time.

  4. #4
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    universal4 is offline Forum Administrator
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    Courage is being scared to death...and saddling up anyway. John Wayne
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    Here is an article with a little bit more on the story
    http://www.businessinsider.com/us-in...ndering-2017-7

    A US jury indicted Alexander Vinnik
    They are linking him to at least a portion of the funds that went missing for the Mt Gox failure
    US authorities also linked him to the failure of Mt. Gox, a Japan-based bitcoin exchange that collapsed in 2014 after it was hacked and nearly $500 (£380 million) million-worth of the digital currency at then-current prices went missing. Vinnik "obtained" funds from the hack of Mt. Gox and laundered them through BTC-e and Tradehill, another San Francisco-based exchange he owned, they said in the statement.
    Rick
    Universal4

  5. #5
    Sherlock's Avatar
    Sherlock is offline Public Member
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    Quote Originally Posted by TheGooner View Post
    It appears to stem from a complete lack of K-Y-C procedures at registration time.
    that was kind of a purpose/feature of that exchange
    If you talk to God, you are praying; If God talks to you, you have schizophrenia.

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    PROFRBcom (28 July 2017)

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