‘Wildly Inaccuate’: ShapeShift CEO Denounces Wall Street Journal Money Laundering Claims

Cryptocurrency exchange platform ShapeShift formally hit back at what it called an “attack” on its business by the Wall Street Journal, which accused the platform of being involved in money laundering. WSJ: ShapeShift Allowed $9M Money Laundering In a blog post, CEO Erik Voorhees spelled out his distaste for the “false and absurd” content of […]

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ShapeShift Ends Anonymity With Announcement of Mandatory KYC Data Collection

Instant cryptocurrency exchange ShapeShift.io has become the latest cryptocurrency entity to succumb to user data collection as part of a major overhaul to its services. CEO Voorhees: It ‘Sucks’ In a blog post on September 4, CEO Erik Voorhees stated that all ShapeShift users would ultimately face “mandatory” know-your-customer (KYC) requirements in order to exchange cryptocurrency. […]

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