Toronto Star: The alarming conclusion is contained in an internal briefing from the Financial Transactions and Reports Analysis Centre (Fintrac), authored around the time the Star and media partners published articles exposing unlawful practices by operations known as over-the-counter (OTC) cash desks or crypto-to-cash services.
Cash desks allow customers to quickly swap large amounts of virtual currency for cash, or the other way around, without going through the traditional banking system and its more rigorous controls…