Payroll Startup Deel Accused of Money Laundering 

Reported by JENNIFER CONRAD Human resources payroll startup Deel has been accused of money laundering and sanctions evasion, according to a complaint brought in federal court in Miami. The San Francisco-based startup was founded in 2019 by Alex Bouaziz and Shuo Wang on the promise of simplifying paycheck processing, tax reporting, and other financial paperwork […]

JPMorgan Chase CEO Says Bitcoin Is ‘Used Heavily By Sex Traffickers, Money Launderers, And Ransomware’

Reported by Vinay Patel Jamie Dimon, CEO of JPMorgan Chase, recently reaffirmed his strong criticism of Bitcoin, calling it a “decentralized Ponzi scheme” and a “fraud.” In an interview with CBS News’ Lesley Stahl, Dimon maintained his skeptical stance, questioning Bitcoin’s value. “We are going to have some kind of digital currency at some point,” […]