Bitzlato founder arrested for allegedly processing $700 million in illicit funds

Bitzlato founder arrested for allegedly processing $700 million in illicit funds

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The founder of cryptocurrency exchange Bitzlato was arrested and charged with processing $700 million in illicit funds, part of the Justice Department's efforts to take down a "money laundering engine" which it says "fueled a high-tech axis of cryptocrime." Anatoly Legkodymov was arrested in Miami…

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