Latest News and Articles about Cryptocurrency Exchanges

Bithumb Raided Over $2M Misconduct: Crypto Exchange’s Future in Jeopardy

23 March 2025 Daily Feed Bithumb, Cryptocurrency Exchanges, Financial Misconduct, South Korea

Bithumb Under Investigation Amid Financial Misconduct Claims South Korean prosecutors raided Bithumb’s headquarters on March 20, 2025, launching an investigation into allegations of financial misconduct. The probe zeroes in on a 3 billion KRW ($2 million) security deposit used to secure an apartment rental for former CEO Kim Dae-sik. This latest scandal is a stark […]

Ethereum’s Vulnerability to Money Laundering: Urgent Need for Enhanced Risk Controls

27 February 2025 Daily Feed Cryptocurrency Exchanges, Ethereum, Money Laundering, Risk Control

Ethereum Money Laundering Through Exchanges: The Need for Heightened Risk Control The rise of Ethereum as a preferred vehicle for money laundering through cryptocurrency exchanges is a stark reminder of the dark side of blockchain’s potential. While we celebrate the promise of decentralization and privacy, we must also address the growing threat of illegal activities […]