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Crypto Investigator Alleges Robinhood’s Involvement in Illicit Fund Flow

2M ago
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  • TruthLabs raised suspicions about Robinhood’s involvement in facilitating illicit crypto funds.
  • The detective cited a $544 million flow from FTX customer funds to Robinhood.
  • Also, the connection between Robinhood’s UK expansion plans and FTX’s UK deal was scrutinized.

TruthLabs, a prominent crypto sleuth, has raised suspicions regarding the potential role of Robinhood, a U.S.-based clearing house, in facilitating the movement and acceptance of illicit cryptocurrency funds. 

Citing Sunil, an activist for FTX creditors, TruthLabs highlighted a concerning flow of $544 million from FTX customer funds through various channels, ultimately landing in Robinhood.

The investigation dates back to early 2023 when a wallet linked to Robinhood’s public exchange address received over $400 mill…

The post Crypto Investigator Alleges Robinhood’s Involvement in Illicit Fund Flow appeared first on Coin Edition.

2M ago
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bearish:

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