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They say Bitcoin is Used for Crime But EU Banks Will Pay $61.7 Billion for PPI Scandal

From coinfomania.com

One of the greatest arguments that Bitcoin opposers including Donald Trump and legacy financial institutions have against the leading cryptocurrency is that its anonymous nature makes bad actors prefer it as a means of conducting crime than fiat. While that claim is not entirely false, it is hard-hitting to think that the allegations against Bitcoin or cryptocurrencies, in general, is more filled with hypocrisy than it is not. According to a Financial Times report on Monday, EU banks, primarily Lloyds Banking Group and Barclays now have to pay at least £50 billion ($61.7 billion) for crimes that were committed years ... (full story)

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