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crypto fraud


How to Guard Against Crime, Cryptocurrency Fraud, and Money Laundering

A young man in Los Angeles has pleaded guilty to charges of drug dealing, unlicensed money transmitting and money laundering relating to the processing of $25 million USD in illicit money via his Bitcoin trading services. This is the risk token issuers are facing. Fraud is a reality, which is why "Know Your Customer" (KYC) and "Anti-Money Laundering" (AML) are absolute necessities in any transaction using cryptocurrencies. The World Token Market has seen the future and the possible crimes associated with tokens and takes security very seriously. The proprietary platform created and used by Horizon-Globex not only incorporates the KYC…
August 27, 2019