Build up war chests for 'prolonged' crypto market downturn, VCs say

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Build up war chests for 'prolonged' crypto market downturn, VCs say
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Crypto companies are locked in a fierce race to bolster their war chests in the wake of recent market declines.

The Department of Justice has hit an alleged criminal ring for violating sanctions through the use of shell companies and cryptocurrencies to launder Venezuelan oil sale profits and purchase equipment for the Russian military.

 

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