Bitzlato founder Anatoly Legkodymov made his first appearance on Tuesday in New York, where the Russian national accused of processing more than $700 million in illicit funds was denied bail. Un...
Tag: bitzlato
Russia Releases Bitzlato Co-Founder Anton Shkurenko After Questioning – Exchanges Bitcoin News
Russian authorities have released the recently arrested co-founder of crypto exchange Bitzlato, said to have processed illicit funds worth millions of U.S. dollars. Anton Shkurenko, who was questioned...
Bitzlato Co-Founder Released After Arrest in Moscow, Pledges Relaunch of Seized Exchange
At the same time, he said the team was proactive about catching potentially criminal use of the exchange and from time-to-time even browsed the Hydra darknet marketplace in search of Bitzlato users. W...
Binance Alleged to Have Had Ties to Bitzlato, a Now Defunct (Criminal) Exchange
Just yesterday, Live Bitcoin News put out an article talking about a Russian crypto executive running an unlicensed money transmitting business. Known as Bitzlato, the crypto exchange was an unregiste...
Interpol Releases Bitzlato Cofounder After Brief Detention
Bitzlato, a well-known cryptocurrency exchange platform, made headlines after the release of its cofounder, Anton Shkurenko, from brief arrest and questioning. Local authorities took Shkurenko into cu...
Bitzlato co-founder released from brief arrest and questioning: Report
Local Russian media outlets reported on Monday that Bitzlato co-founder Anton Shkurenko was detained in Moscow on Feb. 6 at the request of Interpol. However, according to a Feb. 10 report from CoinDes...
Bitzlato Co-Founder Anton Shkurenko Arrested in Russia, Report – Exchanges Bitcoin News
Russian authorities have reportedly arrested the second co-founder of seized cryptocurrency exchange Bitzlato. The man, who recently promised to restore the platform’s operations from Russia, was deta...
Bitzlato CEO arrested by Spanish police: Report
According to a Feb. 2 report by Turkish news agency Anadolu, Spanish authorities have arrested the CEO of Hong Kong cryptocurrency exchange Bitzlato, as well a sales executive and itsmarketing directo...
Bitzlato to Restore Operations and Withdrawals From Russia, Co-founder Vows – Exchanges Bitcoin News
Russia-linked cryptocurrency exchange Bitzlato, seized by Western law enforcement, plans to relaunch and permit partial withdrawals, a co-founder announced. Members of the trading platform’s team also...
Troubled Crypto Exchange Bitzlato Seeks to Make Comeback
The co-founder of Bitzlato stated that they will allow 50% of user funds in Bitcoin held in Bitzlato wallets to be withdrawn on the same day we launch. As per the latest development, the defunct crypt...
Binance blocks accounts allegedly linked to Bitzlato
Binance exchange has temporarily suspended several accounts linked to Bitzlato transactions after the latter exchange got entangled in regulations. Most of these accounts reportedly belong to Russians...
Binance blocks some accounts amid Bitzlato case: ‘Funds are safe’
Cryptocurrency exchange Binance has been silently shutting down multiple accounts on the platform in relation to the Bitzlato investigation. On Jan. 18, a group of Russian-speaking Binance clients com...
What is Bitzlato — the Crypto Exchange Hammered Down By US Government ⋆ ZyCrypto
Advertisement     The US Department of Justice (DOJ) announced a successful clampdown on Bitzlato, a major money laundering crypto exchange. Speaking at a press confer...
AI, Binance Trouble and Bitzlato Boss Jailed
Crypto News: Here are the most popular stories from across the cryptosphere as featured in BeInCrypto this past week. Top 5 AI Crypto One of our most read stories over the last week dealt with a subje...
Binance Transferred 20,000 BTC to Alleged Money-laundering Bitzlato
Binance allegedly sent more than $346 million in Bitcoin to Bitzlato during May 2018 to its closure last week. Bitzlato’s founder Anatoly Legkodymov was arrested on January 18 for processing over $700...
Binance Processed $346 Million for Crypto Exchange Bitzlato, Report Claims – Exchanges Bitcoin News
Cryptocurrency exchange Binance has reportedly processed nearly $346 million in crypto transactions for Bitzlato, the coin trading platform that was shut down in an international law enforcement opera...
Binance in Trouble for Facilitating Transfer of $346M for Bitzlato
Binance has been named a top counterparty of the now-seized Russian exchange Bitzlato. Reportedly, it facilitated transactions worth $346 million. The world’s leading cryptocurrency exchange is in hot...
Bitzlato Executives Arrested in Europe, Exchange Laundered €1 Billion, Europol Says – Exchanges Bitcoin News
European law enforcement authorities have detained four more members of the executive team of crypto exchange Bitzlato, Europol announced. According to the police agency, nearly half of the funds proc...
Bitzlato management arrested in global crackdown
Bitzlato’s management team was arrested during an international law enforcement operation. According to an announcement by Europol, French and American law enforcement have carried out an internationa...
Europol arrests 5 Bitzlato senior executives
European Union police agency (Europol) said it arrested five senior executives of the sanctioned Bitzlato exchange. The EU agency said Jan. 23 that the people arrested include the CEO, financial direc...
Europol reports $19.5M in crypto seized in enforcement action against Bitzlato
The European Union Agency for Law Enforcement Cooperation, or Europol, has reported authorities took control of crypto wallets containing more than $19 million in cryptocurrency as part of enforcement...
Europol seizes crypto wallets worth over $19.5 million from Bitzlato – Cryptopolitan
According to recent findings from Europol, law enforcement personnel confiscated crypto wallets worth over $19 million in cryptocurrency as part of their operations against Bitzlato. On January 23rd, ...
Bitzlato crypto firm taken down
As part of the enforcement measures taken against the cryptocurrency company Bitzlato, the European Union Agency for Law Enforcement Cooperation, often known as Europol, has stated that authorities ha...
Enforcement goes on with Bitzlato action: Law Decoded, Jan. 16–23
The good news of the last week is that Bitcoin (BTC) has continued to rebound, making around 10% up from Jan. 16 to Jan. 23. But the worrying trend of crypto companies making headlines due to their tr...
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 exchange managed to avoid any significant media exposure and kept a low...
Genesis files for bankruptcy, FTX explores a reboot, and Bitzlato…
Top Stories This Week Crypto lender Genesis files for Chapter 11 bankruptcy FTX contagions continue to spread through the crypto industry, with Genesis Capital filing for bankruptcy protection in New ...
Does the Bitzlato ‘Nothingburger’ Spell Bad News for Binance?
That doesn’t necessarily mean Bitzlato was not “the China-based money laundering engine that fueled a high-tech axis of cryptocrime,” as the FBI alleges. After all, darknet transactions are supp...
Bitzlato Crypto Founder Faces Charges Over $700 Million Fraud
Join Our Telegram channel to stay up to date on breaking news coverage The United States Department of Justice (DoJ) has charged Anatoly Legkodymov, the founder of the Bitzlato cryptocurrency exchange...
Ripple’s General Counsel Alderoty Comments on Bitzlato Case
Vladislav Sopov Stuart Alderoty, general counsel of Ripple Inc., explains why Bitzlato shutdown is good for crypto sphere in long run Contents Ripple’s Stuart Alderoty praises DoJ high in Bitzla...