Authorities seize crypto website Bitzlato, arrest founder for allegedly operating criminal haven

Justice Dept. Charges Russian Founder Of Cryptocurrency Firm

Prosecutors say Anatoly Legkodymov’s cryptocurrency exchange, Bitzlato, was “a safe haven for criminals.”

US Arrests Russian Co-founder of Bitzlato Exchange on Suspicion of Money Laundering Illegal Gambling and Drug Money

Anatoly Legkodymov, the Russian founder of Hong Kong-registered crypto exchange Bitzlato, has been arrested by US authorities for allegedly processing $700 million in illicit funds.

Founder of crypto platform Bitzlato arrested

The Russian founder of cryptocurrency platform Bitzlato has been arrested in the USA on money laundering allegations. Anatoly Legkodymov was arrested in Miami on Wednesday night, according to the US Department of Justice in Washington. The 40-year-old, who lives in China, is reportedly the majority owner of the Hong Kong-registered cryptocurrency platform Bitzlato, which, according to US justice, is said to have flowed illegal funds. “Today, the…

Justice Department charges Russian founder of cryptocurrency firm

His company evaded U.S. regulations and became a haven for proceeds of criminal activity, the DOJ says.

US arrests Russian crypto boss for ‘money laundering’

WASHINGTON: US authorities said on Wednesday they had arrested the owner of China-based cryptocurrency exchange Bitzlato for alleged money laundering, hailing the move as a global “blow to the cryptocrime ecosystem”. Anatoly Legkodymov, 40, a Russian living in Shenzhen, China, was held in Miami overnight and was due to appear in court in the city during the day, the Department of Justice said at a press conference. He was detained for his role i…

US arrests Russian crypto boss for alleged criminal 'haven'

He was held in Miami overnight and was due to appear in court in the city during the day