Hervé Falciani, a whistleblower convicted of purportedly the largest leak in banking history, plans to launch an ethical cryptocurrency to combat money-laundering and fraud.
Frenchman Hervé Falciani, a whistleblower who has been convicted of the largest leak in banking history, plans to launch an ethical cryptocurrency that would combat money-laundering and fraud, Reuters reported on Feb. 8.
In 2015, Falciani was convicted in absentia by Swiss courts for aggravated financial espionage after leaking the details of ~30,000 accounts, holding almost $120 billion in assets at HSBC’s Swiss private bank.
The evidence — which was alleged to have exposed a web of clients’ tax evasion, money laundering, and illicit financing schemes — has since triggered investigations and prosecutions in several countries, and Falciani remains in self-imposed exile in Spain after the country twice denied the Swiss authorities’…
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