Crypto exchange Bitzlato founder arrested in Miami

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Prosecutors allege Anatoly Legkodymov’s company became a ‘safe haven’ for proceeds of criminal activity A Russian citizen who founded a cryptocurrency exchange that the Justice Department said had become a haven for criminal activity has been arrested, federal officials said Wednesday. Anatoly Legkodimov, who lives in China, was arrested in Miami on Tuesday night and is on trial for conducting an unlicensed money transfer business. The prosecutor said that the  Bitzlato  cryptocurrency exchange, of which Legkodimov was the majority owner, did not take the necessary anti-money laundering measures, requiring only minimal identity checks from its users. It claims it even allowed them to provide information belonging to 'Straumann Registrants'. People who act as cover for users. “As a result, Bitzlato has become a safe haven for criminals such as drug dealers and ransomware his group,” said Breon Peace, the federal attorney in Brooklyn where the lawsuit was filed. I'm her...
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Virtual Banks

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Thailand Open Entryways for Virtual Banks to Function by 2025

BOT plans to permit the nation’s first virtual banks to supply administrations by 2025. Thailand issued the ‘Consultation Paper on Virtual Bank Authorizing Framework, BOT had as of now laid down the permitting system for up-and-coming virtual banks. Aiming for improvement, the Bank of Thailand (BOT) plans to permit the nation to begin with virtual banks to supply administrations by 2025 to boost competition and upgrade the country’s general economy. Recently, BOT declared that the ‘Consultation Paper on Virtual Bank Permitting Framework’ has been issued, permitting virtual banks to act as unused budgetary benefit providers. Bl Less




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Crypto exchange Bitzlato founder arrested in Miami

-
Image
Prosecutors allege Anatoly Legkodymov’s company became a ‘safe haven’ for proceeds of criminal activity A Russian citizen who founded a cryptocurrency exchange that the Justice Department said had become a haven for criminal activity has been arrested, federal officials said Wednesday. Anatoly Legkodimov, who lives in China, was arrested in Miami on Tuesday night and is on trial for conducting an unlicensed money transfer business. The prosecutor said that the  Bitzlato  cryptocurrency exchange, of which Legkodimov was the majority owner, did not take the necessary anti-money laundering measures, requiring only minimal identity checks from its users. It claims it even allowed them to provide information belonging to 'Straumann Registrants'. People who act as cover for users. “As a result, Bitzlato has become a safe haven for criminals such as drug dealers and ransomware his group,” said Breon Peace, the federal attorney in Brooklyn where the lawsuit was filed. I'm her...
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Bahria Town Karachi Case

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