Bitzlato and its founder face enforcement actions from US authorities

The United States Department of Justice announced a “major international cryptocurrency enforcement action” against crypto firm Bitzlato and the arrest of its founder, Anatoly Legkodymov.enforcement actions against Bizlato in coordination with France, seizing Bitzlato’s website and labeling the business as a “primary money laundering concern” connected to Russian illicit finance.

As part of the case against Bitzlato, FBI officials arrested Legkodymov, a Russian national based in China, on Jan. 17 in Miami. He is scheduled to be arraigned in the U.S. District Court for the Southern District of Florida. U.S. authorities said the criminal complaint against Bitzlato was based on the firm being a “crucial financial resource” for the Hydra darknet marketplace, allowing users to launder funds including those from ransomware attacks:

“Hydra Market users exchanged more than $700 million in cryptocurrency with Bitzlato, either directly or through intermediaries, until Hydra Market was shuttered by U.S. and German law enforcement in April 2022. Bitzlato also received more than $15 million in ransomware proceeds.”The enforcement action was a coordinated effort across Europe and the U.S. to seize many of Bitzlato’s resources — including the firm’s servers — as well as take the founder into custody.

I was trying to think where we are in the market right now, created these images to show my comparison with previous old bottom...trying to see if current bottoming looks familiar....and where we are currently positioned...thought it was interesting 😉

Nv even heard of

Sounds like another Tornado cash situation. And did the 'resources seized' also include the $700 mill laundered?

If it wasn't Rosia, she would be safe America is a corrupt nation it's just that they can print money at will

What if FTX and terra luna, and other events that ruin trust in crypto are planned so that financial elites can swoop in with a ‘safe’ alternative that they can profit from/monopolize

blah blah blah

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US Takes Action Against Bitzlato Crypto Exchange, Arrests FounderThe U.S. Treasury Department and Department of Justice have accused the little-known crypto platform of laundering funds tied to illicit Russian finance and its founder has been arrested. jesseahamilton Next must to be Nexo ! jesseahamilton jesseahamilton always late. later.
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