Skip to content Skip to sidebar Skip to footer



The US Department of Justice (DOJ) has announced the shutdown of cryptocurrency exchange Bitzlato, along with the FBI’s arrest of exchange owner Anatoly Legkodymov. In a live stream broadcast on Jan. 18, law enforcement officials revealed that the Hong Kong-based exchange is part of a vast illicit cryptocurrency network designed to evade sanctions, launder money and covering up crimes.

“Legkodymov operated Bitzlato as a high-tech financial hub that, in his own words, catered to ‘known scammers,'” the DOJ said. statement bed. “Bitzlato has failed to implement safeguards required by US law – safeguards that enable authorities to detect and investigate financial crimes.”





Source link

Leave a comment