Hunt for missing millions unmasks one crypto exchange hidden inside another - ICIJ Kyrrex exploited technology and shell companies while serving suspected fraudsters and pro-Russian military activists, even as its owners claimed the exchange followed anti-money laundering rules.

#ICIJ
#Kyrrex exploited #technology and #shellcompanies while serving suspected #fraudsters and pro-Russian military activists, even as its owners claimed the exchange followed anti- #moneylaundering rules.

www.icij.org/investigatio...

🚨: #Kyrrex is under global investigation after reportedly operating a hidden “nested exchange” within #HTX, processing $10B in illegal transactions. Investors have already launched $11M in lawsuits as regulators increase scrutiny.

Is MiCA blocking innovation or misunderstood? Kyrrex’s Mike Romanenko challenges the narrative, addressing myths on centralization, investor risk, and DeFi’s future.

#MiCA #CryptoRegulation #Kyrrex #MikeRomanenko #DeFi #BlockchainEU