The U.S. Treasury Department and Justice Department have seized the cryptocurrency exchange, which it accuses of laundering funds linked to illegal Russian financing. The Ministry of Justice is preparing to initiate enforcement proceedings against the crypto exchange.
US imposes sanctions on Russian cryptocurrency exchange
US officials accused Russian stock exchange Bitzlato of laundering funds linked to Russian financing, and its founder was arrested. Officials said at a press conference Wednesday that the US Department of Justice and the Treasury Department targeted Bitzlato Limited on money laundering charges.
According to the January 18 announcement, US Deputy Attorney General Lisa Monaco will lead a press conference where the Department of Justice will announce a major sanctions action currently believed to be against crypto firm Bitzlato. The US Treasury Department is expected to issue a similar sanction decision.
Deputy Attorney General Lisa Monaco outlined coordinated enforcement actions involving the Federal Bureau of Investigation, saying the Hong Kong-based platform Bitzlato has been disrupted by authorities and terminated its service to known criminal activities linked to Russia by arresting its founder, Anatoly Legkodymov. Monaco adds that the action is the most important action against a crypto crime network.
Other speakers at the event will include Deputy Attorney General Kenneth Polite of the Justice Department’s criminal division, US Attorney General Breon Peace of the Eastern District of New York, Brian Turner, Deputy Director of the FBI, and Wally Adeyemo, Assistant Secretary of the Treasury. cryptocoin.com We will pass on the details.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.