Dumped! HSBC Cuts Ties With Bitfinex

HSBC has dumped Bitfinex unceremoniously after learning the company it thought it had established a banking relationship with, Global Trading Solutions, was affiliated with Bitfinex and doing its banking on the controversial exchange’s behalf. Explaining the Fiat Deposit Problems In anticipation of the potential collapse of Puerto Rico-based Noble Bank International, Bitfinex took its banking…

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Bitfinex Welcomes Financial Crime Prevention Expert as Chief Compliance Officer

Bitfinex has announced the addition of economic crime prevention expert Peter Warrack as its Chief Compliance Officer. Warrack joins Bitfinex with thirty years’ experience in military intelligence, law enforcement, and banking intelligence. Currently, Warrack is an instructor and board member of the Canadian Institute for Financial Crime Analysis (CIFCA). The author of a number of…

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