The Hindenburg allegations drive home the deep conflict of interest inherent to this dynamic. Whether or not it was a conscious, deliberate strategy on the part of Cash App, using the app for illicit transactions did, in whatever small way, feed into its bottom line. This is even more obvious and direct when banks cater to criminal customers.
Grayscale’s GBTC Sees Inflow for First Time Since Bitcoin ETF’s January Debut
While the Friday inflow ends the streak of net GBTC withdrawals, BlackRock's iShares Bitcoin Trust (IBIT) is challenging the fund...