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Enforcement goes on with Bitzlato action: Law Decoded, Jan. 16–23

The United States Department of Justice launched a “major international cryptocurrency enforcement action” against China-based crypto firm Bitzlato and arrested its founder, Anatoly Legkodymov. The department considers Bitzlato to be a “primary money laundering concern” connected to Russian illicit finance. While the exchange attracted little attention until the DOJ action, it had reportedlyreceived $206 million from darknet markets, $224.5 million from scams and $9 million from ransomware attackers.

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Source: Cryptocurrency - investing.com

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