Transparency International report exposes potential money laundering loophole
Verified accounts for Wirex, a well-established app for transferring cryptocurrencies to fiat money, are being offered for sale on the black market, a news report by Transparency International Russia has found. A verified account with the app registered to an EU or Ukrainian national could potentially be used to transfer money from Russia to the European Union anonymously. To confirm the availability of verified accounts, Transparency contacted some of the sellers posing as a potential buyer.