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. In a January 18 filing, the U.S. Department of Justice said Legkodymov was arrested in Miami on Tuesday on charges that he run the exchange as an unregistered money-transmitting business that easily facilitated the transfer of illicit funds. The filing read:... Read More: US Arrests Russian Co-founder of Bitzlato Exchange on Suspicion of Money Laundering Illegal Gambling and Drug Money
