SEC Investigating Crypto Company Salt’s $50M Sale

post-img

Read More

Salt Lending Holdings Inc., a lender that uses cryptocurrencies as collateral, is under investigation by the Securities and Exchange Commission (SEC) for a roughly $50 million dollar ICO it held in August 2017. Salt, a company tied to prominent bitcoin entrepreneur Erik Voorhees, received a subpoena from the SEC in February seeking records related to…

Shapeshift CEO Responds to Wall Street Journal Laundering Claims

post-img

Read More

Reporters at the Wall Street Journal (WSJ) tied innovative ecosystem cryptocurrency exchange Shapeshift to money laundering. “How Dirty Money Disappears Into the Black Hole of Cryptocurrency,” was its published product from months of investigative journalism. The company’s CEO, Erik Voorhees, claims cooperation with the WSJ was obtained “under false pretenses.” He also charges the WSJ…

Banks Launder $2.7 Billion Every Day, Crypto Exchanges $9 Million in Two Years

post-img

Read More

Earlier this month, Danske Bank, the biggest bank in Denmark, faced its largest scandal to date for laundering more than $230 billion. Despite the billions of dollars banks launder on a daily basis, critics are still focused on crypto exchanges. On Sept. 28, Erik Voorhees, the CEO of popular cryptocurrency exchange ShapeShift, responded to the…

ShapeShift Co-Founder: US Crypto Regulation Worsening

ShapeShift Co-Founder: US Crypto Regulation Worsening

Read More

The U.S. SEC and other government agencies are taking action to increase regulatory scrutiny of cryptocurrencies. At MoneyConf 2018 in Dublin, anonymous COO and co-founder of ShapeShift shared thoughts on the changing regulatory landscape of cryptocurrencies in the U.S. ShapeShift Hacked for 315 Bitcoin in 2016 Popular digital asset exchange, ShapeShift launched in 2014 to…

BitLicense Refugees: Kraken, ShapeShift CEOs Talk Escape from New York

BitLicense Refugees: Kraken, ShapeShift CEOs Talk Escape from New York

Read More

Jesse Powell and Erik Voorhees delivered red-meat rhetoric but also made subtler points about New York’s cryptocurrency regulations at Consensus 2018.