The founder of Russian cryptocurrency exchange Bitzlato pleaded guilty to money laundering charges.
According to the news provided by Reuters on December 7, those detained in the USA and at the center of money laundering accusations Russian founder of Hong Kong-registered cryptocurrency exchange Bitzlato Anatoly Legkodymovaccepted the accusations.
In documents submitted in January, the US Department of Justice (DOJ) stated that Bitzlato, under Legkodymov’s management, up to 700 million dollars He claimed that he was involved in a money laundering incident.
Stating that Bitzlato has a close relationship with the dark web market and operates as a criminal nest, US officials stated that Legkodymov January in Miami in his arrest next had accelerated its activities. During the same period, the USA also seized Bitzlato’s official website.
US prosecutor Breon PeaceIn his statement on the subject, Bitzlato’s close relationship with criminals was included:
Legkodymov’s criminal complaint filed today confirms that he was aware that cryptocurrency exchange Bitzlato was being used as an apparent turnstile by criminals seeking to exploit its loose controls over illicit money transactions. The defendant may have thought he was operating from a safe haven abroad for his ‘No Questions Asked’ cryptocurrency exchange, but this prosecution and conviction suggest otherwise.
Chainalysis, an analytics company that came to the fore with remarkable data after the first US sanctions on Bitzlato, Binance And bitzlato Bitcoin transfer between more than 205 thousand by transaction for $346 million He showed that he was close.