- Bitzlato owner Anatoly Legkodymov modified into once detained in Miami on accusations of cash laundering.
- The alternate modified into once old to launder money from darknet transactions and ransomware operations.
- US officials derive lauded the motion as a international “blow to the cryptocrime ecosystem.”
Bitzlato Ltd, a cryptocurrency alternate situated in China, modified into once named a “money laundering disaster” by the US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) on Wednesday in reference to illicit financing coming from Russia. The authorities derive detained the alternate’s proprietor on money laundering costs, which they call a “blow to the cryptocrime ecosystem.”
At a press conference, the Department of Justice announced the arrest of 40-year-used Russian national Anatoly Legkodymov in Miami. Legkodymov had been residing in Shenzhen, China. The arrest modified into once performed with the abet of an foreign places investigation group and local resources within the US.
The U.S. Justice Department alleges that Bitzlato, a Hong Kong-essentially based utterly mostly agency with a international reach, traded over $700 million in cryptocurrency with Hydra Market, the greatest darknet marketplace on this planet, except its closure in April 2022. As well to, the Justice Department added that Bitzla …
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