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 […]
Recently a transaction between cryptocurrency exchanges caught the eye of market analysts. In the midst of starting bankruptcy settling – while its former CEO is currently in jail for fraud, FTX received nearly $40 million in ETH in a single day. The money was sent to the FTX wallet on Wednesday, December 22. Throughout the […]
The collapse of the cryptocurrency exchange FTX has severely affected the trust investors have in other cryptocurrency exchanges. The feeling caused a lot of cryptocurrency investors to “opt out” of exchanges, and decide to store their cryptocurrency assets in their own wallets. Obviously, this has caused a massive outflow of assets from exchange platforms. Even […]
