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CitiBank, JPMorgan Chase & Co, HSBC Holdings PLC and Bank of America Corp. are deeply involved in the bribes, kickbacks and laundering money schemes of some top FIFA officials and sports executives.
There can be little argument that attacks on Bitcoin by various multinational banks have risen in recent months, as the cryptocurrency has gained wider acceptance by large retail and service business around the world.
A new attack on the predations of the financial industry was announced by Bloomberg on Wednesday morning with the revelation of a lawsuit alleging that both HSBC Holdings Plc (HSBA) and Goldman Sachs Group Inc. (GS) had jointly engaged in price manipulation of the precious metals market for at least eight years.
When Federal authorities discovered that the bank HSBC had knowingly laundering money for both drug cartels and terrorists groups, most of the world expected quick indictments to follow.
Bank of America, one of the world’s largest banks, is bemoaning that it will suffer a loss of US$232 million for the third quarter.
HSBC, one of the largest banks on earth, is apparently considering the benefits of Bitcoin.
On Tuesday, Charlie Shrem was released from custody after posting a $1 million bond, despite arguments from prosecutors representing the State of New York that he was a flight risk.
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