Deputy Attorney General Lisa Monaco speaks at a press conference to announce the arrest of Anatoly Legkodymov, founder of the cryptocurrency exchange Bitzlato, at the Department of Justice in Washington on Wednesday. Photo: EPA-EFE
US arrests Russian founder of Hong Kong-registered cryptocurrency exchange Bitzlato
- Anatoly Legkodymov, who lives in Shenzhen, China was arrested in Miami for allegedly using his business to process US$700 million in illicit funds
- Prosecutors say Bizlato catered to ‘known crooks’ via Hydra Market, described as an illicit online marketplace for drugs, stolen info and money laundering
Deputy Attorney General Lisa Monaco speaks at a press conference to announce the arrest of Anatoly Legkodymov, founder of the cryptocurrency exchange Bitzlato, at the Department of Justice in Washington on Wednesday. Photo: EPA-EFE