Ivan Manuel Molina Lee was arrested in Poland. He is said to be part of international narcotics cartel. His company Crypto sp zoo had the Bitfinex bank account in Poland with 850 million USD that was seized by the Polish Ministry of Justice some time ago.
After BFX couldn't access money they did IEO that got them over 1 billion USD worth of crypto to still be liquid.
The media claim that the company was washing Colombian drug cartels money trought the companies and bank account in a very small city of Poland.
Decrypt website claims that Binance, Kraken, and BitMEX also used banking services made by Crypto Capital.
It is still not clear if all this mess was already counted into loses of the exchange(s) or this arrest will make more harm to the crypto sphere.
I doubt any of the exchanges that have this size really care about this. It was just one of the banking gateways that also did some business on the side.. But you never know.
While this news may not hurt BTC at all speculators love to play on them, hence the downside of BTC price
Binance Bitcoin Chart
BitFinex Markets
Despite good deals and volume on BitFinex i currently trade there a little since i know all i have there i may loose. I would rather suggest to REGISTER TO OKEX
I have just shared interview with them - https://steemit.com/bitcoin/@kingscrown/exclusive-for-steem-interview-with-coo-hoo-of-okex-andy-cheung. These guys rock and have no law issues and run the markets since ages.
MAKE PASSIVE INCOME FROM CRYPTOCURRENCY - EBOOK FOR FREE DOWNLOAD NOW
Join My Official Discord Crypto/Steemit Group - https://discord.gg/Ma3VCxj
Follow, Resteem and VOTE UP |
 |
|---|
