🦊 Crypto exchange ShapeShift calls money laundering claims 'deceptive'

The CEO of crypto exchange ShapeShift, Erik Voorhees, published a stinging blog post rebuking the Wall Street Journal article that reported some $88 million was laundered through 46 different crypto exchanges over two years, and notably, that $9 million went through ShapeShift in that period. The blog post claims that the article “contains factual inaccuracies, omits significant details about how ShapeShift operates, and reflects a fundamental misunderstanding of how blockchain transactions work.”