“I wouldn’t comment on individual cases, but generally speaking the [crypto] industry has many signs of weaknesses across all key functions,” said Steffen Kern, head of ESMA’s risk analysis and economics department, citing poor management and failures to segregate client funds. “MiCA, had it been in place, would have been extremely helpful.”
BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Conspiracy Charge
In a statement, Deputy Attorney General Lisa Monaco said, "Today’s result shows how the Justice Department, working with international partners,...