Cryptocurrency Exchange BKEX Suspends Client Fund Withdrawals Amid Money Laundering Investigation

Cryptocurrency exchange BKEX announced that it has suspended the withdrawal of client funds while a police investigation is conducted in connection with possible money laundering by several users. In a statement, the site stressed that it would cooperate as much as possible ...

Institutional Investors Continue to Withdraw Funds from Cryptocurrency Trusts

CoinShares reported in another weekly market review that institutional investors have withdrawn funds from cryptocurrency trusts for the fifth week in a row. Between May 15 and May 19, $32 million in assets were withdrawn from cryptocurrency investment trusts. Total outf ...