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Bitfinex Claims to be Fraud Victim in CryptoCapital Indictment

Published 10/28/2019, 09:23 AM
Updated 10/28/2019, 10:41 AM
 Bitfinex Claims to be Fraud Victim in CryptoCapital Indictment

Bitfinex, the beleaguered exchange, denied to be actively aware and supportive of CryptoCapital’s shadow banking activity. In a statement issued last Friday, the exchange denies knowledge and support of activities that allegedly used shadow banking and the exchange’s activity to launder funds.

“Bitfinex is the victim of a fraud and is making its position clear to the relevant authorities, including those in Poland and the United States. We cannot speak about Crypto Capital's other clients, but any suggestion that Crypto Capital laundered drug proceeds or any other illicit funds at the behest of Bitfinex or its customers is categorically false,” explained Bitfinex.

Bitfinex, which until recently operated only...

This article appeared first on Cryptovest

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