List of Flash News about BTCTurk hack
Time | Details |
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2025-01-16 20:07 |
ZachXBT Highlights Potential Legal Exploits in Crypto Exchange KYC/AML Practices
According to ZachXBT, legal cases targeting exchanges for letting through illicit funds, such as the Coinbase incident involving BTCTurk hack funds, could present a lucrative opportunity for law firms. This highlights the challenges KYC/AML practices face in the fast-paced crypto industry, significantly impacting trading environments. Source: ZachXBT on Twitter. |
2025-01-16 20:07 |
ZachXBT Highlights Potential Legal Exploitation in Crypto Exchange KYC/AML Processes
According to ZachXBT, there is a potential for legal firms to exploit crypto exchanges due to lapses in KYC/AML processes, referencing past incidents like the BTCTurk hack involving Coinbase. |
2025-01-16 20:07 |
Implications of Legal Actions on Cryptocurrency Exchanges for Trading
According to ZachXBT, legal actions targeting exchanges for allowing illicit funds, such as the Coinbase incident involving BTCTurk, could create significant trading implications due to the inefficacy of KYC/AML processes. |