Crypto Hotline to Combat Money Laundering

Crypto Hotline to Combat Money Laundering

A collaboration has been made between four major cryptocurrency exchange based in South Korea such as Bithumb, Coinone, Korbit, and Upbit as an effort to combat the money laundering issue. A hotline which shares real-time wallet information will be created soon with the aim in suspecting suspicious crypto trades such as phishing, predatory lending, pyramid schemes etc.

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