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Name | Symbol | Market | Market Cap ($) | Algorithm |
---|---|---|---|---|
Bitcoin | BTCUSD | Crypto | 1,241,662,110,293 | SHA-256d |
Price Change | Price Change % | Current Price | Bid Price | Offer | |
---|---|---|---|---|---|
-627.57 | -0.98% | 63,264.95 | 63,264.94 | 63,264.95 |
High Price | Low Price | Open Price | Prev. Close | 52 Week Range |
---|---|---|---|---|
64,193.57 | 62,908.34 | 64,008.79 | 63,892.52 | 24,750.00 - 73,835.57 |
Exchange | Last Trade | Size | Trade Price | Currency |
---|---|---|---|---|
GDAX | 04:16:13 | 0.000030 | 63,264.95 | USD |
Crypto mining pools offer terrorists and criminals a golden opportunity to launder cash, according to a new report. The Royal United Services Institute (RUSI), an independent think tank for international defence and security issues, says cloud-mining companies that take cash for crypto may be helping crooks hide their illicit gains. In the report, titled ‘From Intention to Action: Next Steps in Preventing Criminal Abuse of Cryptocurrency’, authors Anton Moiseienko and Kayla Izenman write: “Cloud-mining companies that accept fiat currency and distribute cryptocurrency in effect enable their users to exchange fiat for crypto, which can lead to the conversion of criminally obtained fiat currency. “Furthermore, a Chainalysis webinar suggests that some mining pools allow users to make and then receive fiat payments,
The post Enemy mine: Crypto mining pools linked to crime and terrorism appeared first on Coin Rivet.
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