Shapeshift CEO Responds to Wall Street Journal Laundering Claims

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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

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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…

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

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

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