A federal grand jury in Miami has charged nine individuals with laundering U.S. drug proceeds into cryptocurrency for Mexican and Colombian cartels, utilizing “a network of black market cryptocurrency launderers and unlicensed money transmitters,” according to the U.S. Department of Justice. From 2020 to 2023, defendants allegedly coordinated cash pickups from U.S. drug sales, converting […]
Source link
Coinbase Says 99% of Customer Assets in Cold Storage After $6.3B Binance Hack
Key TakeawaysCoinbase says more than 99% of customer assets are stored offline.Binance’s $6.34 billion theft prompted Coinbase to explain its...













