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Fisco Accuses Binance Of Allowing Stolen Funds From Zaif To Be Laundered Through Its Exchange

Tracy CHEN

Summary: According to financemagnates, Fisco Cryptocurrency Exchange, Inc, a Japanese cryptocurrency exchange, has filed a complaint against Binance Holdings Ltd. in a United States Court, claiming that Binance facilitated the laundering of stolen funds from Zaif, a cryptocurrency exchange that was hacked in 2018. In the complaint, Fisco outlined that after hackers stole around $63 million worth ...

According to financemagnates, Fisco Cryptocurrency Exchange, Inc, a Japanese cryptocurrency exchange, has filed a complaint against Binance Holdings Ltd. in a United States Court, claiming that Binance facilitated the laundering of stolen funds from Zaif, a cryptocurrency exchange that was hacked in 2018.

In the complaint, Fisco outlined that after hackers stole around $63 million worth of cryptocurrency, analytics of the publicly available Bitcoin blockchain traced the stolen Bitcoin to a single address. From that address, the thieves laundered 1,451.7 Bitcoin through Binance, the cryptocurrency exchange alleges.

Tracy Chen

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Link: Fisco Accuses Binance Of Allowing Stolen Funds From Zaif To Be Laundered Through Its Exchange   [Copy]
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