The recent seizure of a cargo ship owned by JP Morgan, a vessel loaded with 20 tons of cocaine according to latest accounts, highlighted the risks of banks’ involvement in illicit activities, inadvertent or otherwise. And although U.S. authorities released the MSC Gayane after the owner, JP Morgan’s asset management arm, and the operator, Mediterranean […]The post Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels appeared first on Bitcoin News.
