Chainalysis Report Confirms Huobi and Binance are Invovled in Laundering Illicit BTC Streams

The Merkle

Published

Chainalysis is a well-respected blockchain analysis firm. In its yearly report, the findings do not paint a positive picture for some key crypto exchanges. The yearly Chainalysis report always provides some interesting insights into the cryptocurrency industry. Chainalysis Keeps Following the Funds For years, bitcoin and altcoins have often been associated with money laundering and tax evasion.  This report seems to confirm that there is some truth to these statements in the end. Criminals have been attracted to cryptocurrencies for some time now.  There have always been numerous questions as to how they launder those proceeds. According to Chainalysis, cryptocurrency

The post Chainalysis Report Confirms Huobi and Binance are Invovled in Laundering Illicit BTC Streams appeared first on The Merkle Hash.

Full Article