It has long been no secret that Bitcoin, crypto-currencies and Blockchain are often used for illegal activities. Ponzi projects and snowball systems are now on the agenda, in order to lead investors by the hope of quick money by deceiving you pull the capital out of the bag. However, this is not far from everything. The company Crypto Capital should have worked in large scale with companies associated with financial crime, money laundering and securities fraud in connection. Including internationally well-known and popular crypto exchanges such as Bitfinex, Binance or BitMEX fall.
Contents
Crypto Capital has built up over several years is an illegal banking system
Crypto Capital has developed in the last 6 years, slowly up to the “Central Bank” of the crypto industry. There are Bank services, the industry-leading, crypto-shops and exchanges, including Binance, octopus and BitMEX. The company also covers a number of smaller companies.Apparently some of these companies could also be targeted and under suspicion of money fraud made the Laundry have been. According to the New York attorney General the service provided by Crypto Capital is still used by the crypto-exchange Bitfinex. Overall, the company has managed until the end of 2018, more than $ 1 billion of customer funds in the stock market.Already in may 2019, with two people who are supposedly, with Crypto Capital in connection have been accused of money-laundering. The Pair is a banking system for crypto-accused to have a company operated. Including the company Global Trading Solutions LLC, which is identified as one of the shell companies owned by Crypto Capital, and Bitfinex has been used drops. The System included allegedly operating a “shadow Bank, the hundreds of millions of dollars in unregulated transactions in the name of all the crypto-currency to cover exchanges”.The best and safest stock market choose for you to opt for the right provider is not always easy. Therefore, we recommend that you take a look at our Bitcoin brokers & exchanges to throw a comparison. Trading on the safest and best exchanges in the world! For Comparison
Bitfinex is also under suspicion of money laundering operated
This unregulated and in a Panama-registered company, has been offering banking services for crypto-companies around the world without a license. So at least the charges in may, was. Now the President of the Crypto Capital, Ivan Manuel Molina Lee was arrested by Polish authorities. According to some Polish news portals, he is accused of being a part of an international drug cartel and money-laundering operations with Bitfinex involved.Crypto Capital of the company, the Bitfinex was entrusted to supposedly 850 million USD. On this money to Bitfinex no longer had access to their own information, and it had to be recorded as a loss. This is also one of the main reasons why the well-known crypto-stock exchange resulted in a Token Sale (LEO) in the amount of 1 billion USD.It was already reported that the Polish Ministry of justice Bank accounts in the name of the Crypto SP. Z o. o. seized has. The confiscated funds, which will amount to 350 million USD, allegedly belonged to the Crypto SP. Z o. o. and NESP SP. Z o. o., two companies that are likely to be connected with Crypto Capital and Molina Lee. At least, this suspicion is confirmed by various financial documents. The action taken by the Polish authorities, was in the context of a large-scale action to combat the use of money.
Binance, BitMEX and octopus have also used the service
The Polish media Agency, RMF 24 reported that Molina Lee of the Polish authorities in connection with the seized funds was sought. There is seemingly damning evidence for “the laundering of money from Colombia’s drug cartels by various crypto-exchanges”.According to the National public Prosecutor’s office, the money was “the largest seizure in the history of the Polish public Prosecutor’s office”.According to the Decrypto several other well-known Cryptocurrency exchanges, including Binance, octopus and BitMEX, also the banking services of Crypto Capital have used. On the side of Crypto Capital but the above exchanges were not to be found. Bitfinex was Laundry in front of the official accusations of money in may 2019 to find on the page as a Partner. Up to now, there are of Bitfinex still have no opinion of what is happening around Crypto Capital.Laundering the crypto-exchanges Binance, BitMEX, Kraken and Bitfinex to the money and the fraud involved? Come in to our Telegram Chat and talk with the experts and the Community. Subscribe to our News channel to not miss any News. (Image Source: Shutterstock)