The United States Justice Department and Treasury Department have accused Bitzlato Ltd., a Hong Kong-based cryptocurrency platform, of money laundering and have arrested its founder, Anatoly Legkodymov, in Miami. Bust Rather than Boom The charges and arrest come as part of a coordinated effort involving the Federal Bureau of Investigation (FBI), French authorities, and the […]
About: SWarner
Posts by SWarner:
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Bitzlato Crypto Exchange Accused Of Money Laundering — Founder Arrested
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Will 2023 Be the Year Of a Crypto Surge To $5 Trillion Total Market Cap?
The cryptocurrency market has been on a noticeable surge in the past week. Coin prices are rising significantly, and investor sentiment is growing. The industry is currently valued at $1.01 trillion. It is the first -time crypto has reached this level since November 2022, before the collapse of the now-defunct FTX exchange. Crypto Surge Generated […]
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Silvergate Bank Just Tarnished its Sterling Reputation with a Bailout
Getting its start in San Diego in 1988, Silvergate Bank is a savings & loan association. The institution advertises itself as a “leading provider of innovative financial infrastructure solutions and services” for the crypto industry. Essentially, it is a fintech representing over 1,300 digital currency projects. Silvergate boomed along with the rest of the industry. […]
