Tagged: Bizlato

Bitzlato Cryptocurrency Exchange Founder Charged with Processing $700 Million in Illicit Funds

Bitzlato Cryptocurrency Exchange Founder Charged with Processing $700 Million in Illicit Funds

Matt Stankiewicz from The Volkov Law Group rejoins us for a posting on the recent Bitzlato, cryptocurrency scandal. Matt can be reached at [email protected]. On Wednesday, January 18, 2013, the U.S. Department of Justice (“DOJ”) unsealed a criminal complaint in the Eastern District of New York charging Russian-national Anatoly Legkodymov, a senior executive at Bitzlato Ltd. (“Bitzlato”), a cryptocurrency exchange registered in Hong Kong.  Legkodymov—also...