Bittrex, virtual currency trading platform, fined US$29m for wilful BSA breaches

Washington-based convertible virtual currency trading venue, Bittrex, which has also served as an exchange for over 250 different CVCs - including bitcoin, ether, monero, zcash, and dash - must pay US$29,280,829.20 for violations of the US Bank Secrecy Act (BSA).

Washington-based convertible virtual currency trading venue, Bittrex, which has also served as an exchange for over 250 different CVCs - including bitcoin, ether, monero, zcash, and dash - must pay US$29,280,829.20 for violations of the US Bank Secrecy Act (BSA).