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Ripple CLO Slams Crypto Money Laundering Concerns. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest money laundering problems news, Ripple CEO Stuart Alderoty news, crypto trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
money launderingCoinGape
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65% Informative
Stuart Alderoty , chief legal officer ( CLO ) of Ripple Labs , expressed concerns over some scapegoating crypto for money laundering problems.
He pointed out that traditional finance systems, including the NY Federal Reserve , have experienced hundreds of millions of dollars of illicit transfers to terrorist groups.
GOP Massachusetts Senate candidate John Deaton shares statistics on how Bitcoin and crypto are far less used for illicit transactions.
XRP price jumped nearly 3% in the past 24 hours , with the price currently trading at $ 0.539 .
VR Score
48
Informative language
35
Neutral language
50
Article tone
formal
Language
English
Language complexity
56
Offensive language
possibly offensive
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not hateful
Attention-grabbing headline
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Known propaganda techniques
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Time-value
short-lived
External references
9
Source diversity
3
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