$1.4B in illicit Bitcoin was laundered via Binance and Huobi last year, report says

$1.4B in illicit Bitcoin was laundered via Binance and Huobi last year, report says

Blockchain researchers traced $2.8 billion in illicit Bitcoin BTC believed to be laundered on cryptocurrency exchanges in 2019 — with over 50 percent ($1.4B) washed through major trading hubs Binance and Huobi. “Binance and Huobi lead all exchanges in illicit Bitcoin received by a significant margin,” said cryptocurrency analysis unit Chainalysis. “That may come as a … Read more…

Tesla to take new $1.4B loan from Chinese banks for Shanghai factory: Reuters

Tesla to take new $1.4B loan from Chinese banks for Shanghai factory: Reuters

SpaceX owner and Tesla CEO Elon Musk gestures during a conversation at the E3 gaming convention in Los Angeles, June 13, 2019. Mike Blake | Reuters U.S. electric vehicle maker Tesla and a group of China banks have agreed a new 10 billion yuan ($1.4 billion), five-year loan facility for the automaker’s Shanghai car plant, … Read more…