While Regulators Focus on Bitcoin, Russia's Largest Private Bank Laundered $9 Billion

Whereas Regulators Give attention to Bitcoin, Russia’s Largest Non-public Financial institution Laundered $9 Billion

A gaggle of investigative journalists uncovered a $9 billion cash laundering rip-off rooted from Russia’s largest non-public financial institution and unsurprisingly, it doesn’t contain Bitcoin. The scheme, which enabled perpetrators to funnel billions from shell corporations to the worldwide banking system, was uncovered by the Organized Crime and Corruption Reporting Challenge (OCCRP) with help from the …

Whereas Regulators Give attention to Bitcoin, Russia’s Largest Non-public Financial institution Laundered $9 Billion Read More »