THELOGICALINDIAN - Cryptocurrency barter belvedere ShapeShift formally hit aback at what it alleged an advance on its business by the Wall Street Journal which accused the belvedere of actuality complex in money laundering
WSJ: ShapeShift Allowed $9M Money Laundering
In a blog post, CEO Erik Voorhees spelled out his abhorrence for the “false and absurd” agreeable of the WSJ’s piece, which he appear was the artefact of bristles months’ correspondence.
Titled ‘How Dirty Money Disappears Into The Black Hole Of Cryptocurrency,’ its authors accused ShapeShift of assorted transgressions, including its role in bed-making $70,000 in such “dirty” funds.
Voorhees was quick to abnegate the claim, answer it had appear about due to the authors’ abridgement of compassionate of blockchain transactions.
“…The assay we’ve been able to do appropriately far indicates the WSJ has fabricated berserk inaccurate assertions,” he wrote.
WSJ Says ‘No’ To Own Cryptocurrency
Other “assertions” continued to ShapeShift bed-making a absolute of $9 actor over two years, article Voorhees contradicted anon afterward the article’s advertisement September 28.
“The WSJ article’s association that ShapeShift is somehow behindhand or complicit on this affair of money bed-making is apocryphal and absurd; emblematic of a media industry that cares added about clickbait sensationalism than it does about convalescent the banking accompaniment of mankind,” he assured in the blog post.
That “expectation” rings decidedly accurate for WSJ, with the advertisement this anniversary absolute the after-effects of addition months-long agreement which saw it actualize and again shut bottomward its own cryptocurrency.
Dubbed WSJ Coin, the Journal issued two of a absolute of 8.4 billion units to pay for beer afore Neil Lipschitz, its editor for belief and standards, apoplectic the process.
What do you anticipate about the Wall Street Journal’s claims about ShapeShift? Let us apperceive in the comments below!
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