U.S. law enforcement officials have arrested the Russian owner of a cryptocurrency exchange for allegedly failing to implement required anti-money-laundering safeguards, enabling criminals who used the platform to traffic drugs and steal people’s money and identities, the Justice Department said.
Anatoly Legkodymov — the 40-year-old majority owner of Bitzlato — was arrested in Miami on Tuesday evening and has been charged with conducting an unlicensed money-transmitting business. Legkodymov, who lives in China, was indicted Wednesday afternoon in a Florida federal courthouse. His company allegedly processed more than $700 million of illicit funds from 2018 to 2022.
‘Enforcement 40’ for 2020
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