Rabobank Fined $369M for Money Laundering After Calling Bitcoin βRiskyβ
Rabobank a major Dutch bank which last week refused to service Bitcoin businesses due to βcompliance risksβ has been fined $369 million for money laundering. Rabobanks $369M: Hurry Up Bitcoin As various news resources report Rabobank was one of the major Dutch institutions outright rejecting cryptocurrency entrepreneurs. Now in a case linked to Mexican drugs money trafficking the bankβs California unit pleaded guilty to conspiracy being served a multimillion dollar fine but with officials conspicuously
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