U.S. Justice Dept. charges Russian founder of cryptocurrency firm

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 99%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

A Russian national who founded a cryptocurrency exchange that evaded U.S. regulations and became a haven for the proceeds of criminal activity has been arrested, federal officials said Wednesday.

Anatoly Legkodymov, who lives in China, was arrested Tuesday night in Miami and was due in court on a charge of conducting an unlicensed money transmitting business.

The Justice Department said Bizlato, either directly or through its intermediaries, conducted more than $700 million in cryptocurrency exchanges with users of Hydra Market, a darknet marketplace for drugs, fake identifications and other illegal products. Monaco's mention of a tropical island seemed to be an apparent reference to the arrest last month in the Bahamas of Sam Bankman-Fried, the former CEO of failed cryptocurrency firm FTX.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

When are they charging the Bidens? There is more than enough evidence to charge hunter Biden.

Tell me how you feel with out a global governance person behind your back.

The DOJ “crypto drugs and money laundering” Also the DOJ “no comment on the drugs and money laundering at the border and Ukraine.” (Which is 100 times HIGHER than crypto). This BS Rooskie arrest is all for show.

BiG wIn for law enforcement 🤣

If these russians are vaccinated then who cares! We are at war with transphobia and vaccine hesitancy right now!!!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. Justice Department charges Russian founder of cryptocurrency firm BizlatoProsecutors allege that Anatoly Legkodymov’s cryptocurrency exchange did not implement required anti-money laundering safeguards and required only minimal identification from its users
Source: globeandmail - 🏆 5. / 92 Read more »