Crypto/Narco Scam Du Jour: The Bitfinex Rumor Trail Moves To Poland… In Addition To Columbia

From Asia Times:

The Bitfinex rumor trail moves to Poland … too Colombia

Polish regime bring seized $370 meg from 2 crunch companies alongside alleged links to South American drug cartels too possible connections alongside crypto-exchange Bitfinex

The Bitfinex storey only got fifty-fifty stranger. Rumors bring been bouncing to a greater extent than or less for months well-nigh the Bitfinex telephone commutation too the Tether money that it is linked with.

Tether sells itself equally a so-called “stablecoin” that is pegged to the USA dollar. But critics nation Tether has been issuing to a greater extent than tokens than it has dollars, its trading book regularly exceeds its marketplace cap too it has never been able to examine conclusively how large its dollar reserve genuinely is. In December, the USA Commodity Futures Trading Commission reportedly sent subpoenas to both Bitfinex too Tether, although neither political party would confirm or deny whatsoever details related to this.

Now media inwards Poland are reporting that the seizure, past times Polish authorities, of US$370 meg from 2 companies end calendar week on suspicion of money laundering for Colombian drug cartels has links to, yeah indeed, Bitfinex.

The reports nation this chapter of the storey starts alongside a scam involving the Belgian Ministry of Foreign Affairs edifice a novel diplomatic mission inwards the Democratic Republic of the Congo. When some of the structure funds were “diverted”, an Interpol investigation followed the money to 2 companies alongside links to South America but companionship registrations inwards Poland....MORE