Regulatory scrutiny post-FTX’s dramatic implosion has prompted a crisis of confidence in other industry actors. Perhaps no other firm has bee affected more so than rival cryptocurrency exchange Binance, itself in no small way responsible for the chain of events that led to FTX’s multi-billion-dollar...
Cryptocurrency exchange Bitzlato has had assets seized and its founder arrested in the United States. Anatoly Legkodymov, a Russian national who resides in China and is founder and owner of the Hong Kong-based exchange, was arrested in Miami Tuesday (Jan. 17) and charged with conducting...
January 30, 2023
The U.S. Treasury Department is flexing its cryptocurrency enforcement muscles as industry attention grows. The turbulent crypto sector has historically suffered from the perception that its anonymous and decentralized technical architecture provides a haven for money laundering and other illicit activities around the globe. “2022 was a really big year for sanctions,” Andrew Fierman, head of […]
January 18, 2023
Cryptocurrency exchange Bitzlato has had assets seized and its founder arrested in the United States. Anatoly Legkodymov, a Russian national who resides in China and is founder and owner of the Hong Kong-based exchange, was arrested in Miami Tuesday (Jan. 17) and charged with conducting an unlicensed money transmitting business, the U.S. Department of Justice […]
