Israel police arrest five in $5m WhatsApp crypto probe

Israeli police have arrested five people in an investigation into suspected money laundering involving roughly 16 million shekels or about $5 million in cryptocurrency transactions, including proceeds allegedly moved into bank accounts under the cover of loans. Israel Police’s spokesperson…
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
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