Ripple CLO Dismisses Crypto Money Laundering Worries, XRP Community Responds
Ripple CLO Stuart Alderoty criticized the US Federal Reserve and SEC for scapegoating crypto for money laundering, highlighting that traditional finance systems, including the NY Federal Reserve, have also facilitated illicit transfers. On Tuesday, Stuart Alderoty, the chief legal officer (CLO) of Ripple Labs, conveyed apprehension regarding the US Federal Reserve and the U.S. SEC’s […]
Nigerian Court Rejects Binance Exec Tigran Gambaryan Bail
The Federal High Court in Abuja, Nigeria, refused Binance executive Tigran Gambaryan’s bail plea on charges of crypto money laundering. A federal high court judge in Abuja, Justice Emeka Nwite, has denied bail to Tigran Gambaryan , an executive of the leading crypto exchange Binance. The ruling attributed his possible escape upon release to concerns. Consequentially, Gambaryan […]