DOJ Announces Enforcement Against Russian Crypto Exchange Bitzlado – Crypto News – Crypto News
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DOJ Announces Enforcement Against Russian Crypto Exchange Bitzlado DOJ Announces Enforcement Against Russian Crypto Exchange Bitzlado

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DOJ Announces Enforcement Against Russian Crypto Exchange Bitzlado – Crypto News

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3 years ago

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The Alpha:

  • The US Department of Justice (DOJ) just announced an “international cryptocurrency enforcement action,” according to a live broadcast on the DOJ’s website.
  • Deputy Attorney General Lisa O. Monaco announced that it arrested Hong Kong-registered crypto exchange Bitzlato founder and majority stakeholder Anatoly Legkodymov in Miami last night, according to a press release,
  • Legkodymov, a Russian national who resides in Shenzhen, People’s Republic of China, has been accused of enabling more than $700 million of crypto transactions with the Hydra, the world’s largest darknet market.
  • The lead-up to the announcement has concerned the crypto market, with Bitcoin and Ethereum dipping sharply in the last few hours.

During the live broadcast, Deputy Attorney General Lisa O. Monaco announced the arrest of Anatoly Legkodymov, saying: “Today, the Department of Justice has dealt a significant blow to the cryptocrime ecosystem,” and that the “law enforcement action put all of those who seek to exploit the cryptocurrency ecosystem on notice.”

This is a breaking news story and will be updated as new information is made available.

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