Amid rising fears about money laundering in crypto and exchanges, Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, is setting the record straight! In a fiery post on X, Alderoty called out the U.S. Federal Reserve and SEC for unfairly targeting crypto. He pointed out that traditional finance, like the New York Fed, has been just as guilty of facilitating illicit transfers. Alderoty insists that the real money laundering issue is deeply rooted in the broader financial system, and crypto should not be the scapegoat.
Worldcoin seeks Facebook-like scale for global reach, CEO Alex Blania says.
Alex Blania, CEO of Tools for Humanity, emphasized Worldcoin’s primary goal of scaling up by distributing iris-scanning “Orbs” globally. Worldcoin is preparing new updates for its next-generation device, which will be published in the coming “weeks.”