Binance Linked To $346M Transactions with Alleged Money Laundering Exchange: Report

Leading U.S. blockchain researcher Chainalysis has uncovered that Binance, the world’s largest crypto exchange, processed nearly $346 million in Bitcoin for Bitzlato, a crypto exchange that has been accused of operating a “money laundering engine,” according to a January 24th report. An analysis of the data revealed: Binance moved over 20,000 bitcoin, worth $345.8 million […]

View Details

Crypto Exchange Bitzlato Laundered $1 Billion Linked to Criminal Activities, Europol Says

Europol said that Bitzlato users were especially close to defunct darknet marketplace Hydra Market for drugs and stolen financial information.

Continue reading Crypto Exchange Bitzlato Laundered $1 Billion Linked to Criminal Activities, Europol Says at DailyCoin.com.

View Details

A look at what’s going on with Bitzlato and its impact

A cryptocurrency exchange registered in Hong Kong, Bitzlato has mostly remained under the radar since its inception in 2016.

The post A look at what’s going on with Bitzlato and its impact appeared first on CryptoSlate.

View Details

Binance Linked To Bitzlato’s Money Laundering: FinCEN’s Report

As part of Bitzlato’s ongoing money laundering controversy, the Financial Crimes Enforcement Network (FinCEN) listed Binance, a leading cryptocurrency exchange, as one of the top three Bitcoin-receiving counterparties of Bitzlato in a recent report published on January 18th.  The FinCEN report highlights Bitzlato, a Russian virtual currency exchange that specializes in P2P services and exchange, as a […]

View Details

Crypto Twitter Makes Fun of DOJ’s ‘Major Action’ Against Obscure Russian Exchange Bitzlato

Users on Twitter were mocking the DOJ’s decision to go after a small crypto exchange and then bragging about it.

Continue reading Crypto Twitter Makes Fun of DOJ’s ‘Major Action’ Against Obscure Russian Exchange Bitzlato at DailyCoin.com.

View Details

US Regulators Strike Down Bitzlato for a $700M Crypto Crime

Hong Kong-origin crypto exchange Bitzlato is shut down by the trio-union regulators – the US Department of Justice, the Treasury

View Details

US authorities are pursuing Bitzlato's creator

Bitzlato creator Anatoly Legkodymov is arrested. The U.S. Department of Justice launched a "significant worldwide cryptocurrency enforcement action" against the corporation. "Primary money laundering issue" authorities confiscated its website. (Read More)

View Details

Founder of Crypto Exchange Bitzlato Denies US Charges

The founder of cryptocurrency exchange Bitzlato has denied guilt in a money laundering case in the United States. Anatoly Legkodymov was arrested in Miami, in mid-January, for his role in running the trading platform which allegedly processed over $700 million in illicit funds. Bitzlato Founder Legkodymov Appears in US Court Anatoly Legkodymov, one of the [...]

The post Founder of Crypto Exchange Bitzlato Denies US Charges appeared first on Crypto Breaking News.

View Details