US seizes China-based crypto exchange Bitzlato and charges Russian national trends now
US seizes China-based crypto exchange Bitzlato and charges Russian national with operating darkweb site as a 'high-tech axis of cryptocrime' US prosecutors on Wednesday announced seizure of crypto exchange Bitzlato The little-known darkweb site allegedly operated as a hub for financial crime Russian national Anatoly Legkodymov allegedly ran the site from China Legkodymov was arrested on Tuesday night in Miami on US federal charges
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US authorities have arrested the Russian founder of a Hong Kong-based darkweb crypto exchange known as Bitzlato, saying it was used as a haven for online criminals.
Anatoly Legkodymov, a Russian national who lives in China, was arrested Tuesday night in Miami on a charge of conducting an unlicensed money transmitting business.
US Deputy Attorney General Lisa O. Monaco told reporters on Wednesday that the charges allege Legkodymov 'operated Bitzlato as a high-tech financial hub that, in his own words, catered to 'known crooks.''
She said that Bitzlato operated in tandem with the 'notorious Hydra darknet market', a