German authorities have confiscated around $38 million worth of cryptocurrency from an exchange known as eXch, a platform suspected of helping cybercriminals launder stolen funds. This includes money linked to the $1.4 billion Bybit hack that happened earlier this year.
Entities like Riot Platforms Inc. (NASDAQ: RIOT) are likely to take note and tighten their KYC policies in order to avoid inadvertently being accused of helping criminals to launder their loot by, for instance…
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