Crypto Platform Bitzlato and Its Founders Face Enforcement Action From U.S. Authorities for Processing Over $700M of Illicit Funds
We have promptly added the addresses associated with Bitzlato to our system and designated them as "Law Enforcement" type with the subtype "Seized Coin."
Bitzlato CEO Arrested by Spanish Police: Report
According to a Feb. 2 report by Turkish news agency Anadolu, Spanish authorities have arrested the CEO, sales executive and marketing director of Hong Kong cryptocurrency exchange Bitzlato. In total, six Russian and Ukrainian nationals related to the exchange were arrested in a joint effort between France, Portugal, Cyprus and United States law enforcement.
Bitzlato To Restore Operations and Withdrawals From Russia, Co-Founder Vows
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 intend to relocate the business to the Russian Federation.
Shuttered Crypto Exchange Bitzlato Says It Plans to Resume Operations: Report
The co-founder of Hong Kong-based crypto exchange Bitzlato, which had been charged with money laundering and had its servers seized in a major international operation earlier this month, said the company plans to resume operating and allow partial withdrawals of user funds, according to Forklog, which summarized a YouTube interview in Russian given by the co-founder.
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, according to several users.
Bitzlato Executives Arrested in Europe, Exchange Laundered €1 Billion, Europol Says
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 processed through the platform were associated with various criminal activities.
Bitzlato Executives Arrested in Europe, Exchange Laundered €1 Billion, Europol Says
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 processed through the platform were associated with various criminal activities.
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 actions against crypto firm Bitzlato.
Crypto Exchange Bitzlato Converted Over $1B in Crime-Linked Assets, Europol Says
Bitzlato, the little-known crypto exchange that last week was charged by the U.S. with money laundering, exchanged around 1 billion euros ($1.08 billion) in assets linked to criminal activities, European Union police agency Europol said in a statement Monday.
US Arrests Russian Co-founder of Bitzlato Exchange on Suspicion of Money Laundering Illegal Gambling and Drug Money
Anatoly Legkodymov, the Russian founder of Hong Kong-registered crypto exchange Bitzlato, has been arrested by US authorities for allegedly processing $700 million in illicit funds.
