Bitfinex in Poland: Were There Money Laundering Links?

On April 7 reports started emerging from Poland that Polish prosecutors seized €400 mln from an account that was allegedly linked to one of the biggest exchanges globally, Bitfinex.

While links to the crypto exchange existed, they were tenuous at best, and involved a long string of players that apparently led back to Bitfinex.

Going down the rabbit holeThe story goes that the €400 mln seized at the Cooperative Bank in Skierniewice, Poland, was tied to the exchange Bitfinex.

A Bitfinex user claimed he was interrogated by Police because of a case involving Crypto sp z o.o, as he received a payment from them via Bitfinex.

With all this coming to light, the alleged connections supposedly show that Bitfinex had ties with the bank where money was seized by Polish police as it pointed users in its direction back in 2017.With that in mind, the connection between that account and Crypto sp z o.o is relatively weak, as it's based on the fact that Crypto sp z o.o is a Panamanian company, and the account is owned by a Canadian-Panamanian.

The link apparently relies on the word of one interrogated witness who said that Crypto sp z o.o paid him using Bitfinex, the biggest Bitcoin exchange globally.

The allegations are trying to tie the exchange to active and substantial criminal claims, such as drug trafficking through Columbia, fraud in regards to money laundering, which is why the funds were seized Bitfinex' only real tie that could be proven is based on the word of one person questioned.

Full denialDespite the conspiracy theory nature of the allegations raised, Bitfinex came out two days later with a statement to certain media outlets denying all claims of any wrongdoing related to drug trafficking and money laundering.

"Bitfinex can confirm that it is aware of the current allegations that have been reported by Polish media over the past several hours. Bitfinex believes that these allegations are untrue and Bitfinex customers and operations are unaffected by false rumors. Bitfinex is proud to be the world's leading crypto exchange, and in this capacity works tirelessly to remain in strict compliance with authorities and regulators worldwide."

I'm a clueless idiot but what does the CTFC have to do with Bitfinex, Tether and the fact that Bitfinex doesn't allow any US customers on their platform.