Anti-Financial Crime & Financial Crime Compliance
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CRYPTO: Bitzlato ‘dirty money safe haven’ channelled €700M in illicit assets, says FinCEN; France Spain, Portugal and Cyprus dismantle its operations

By AMLi Correspondents THE MAJORITY shareholder and co-founder of Hong Kong-registered crypto exchange Bitzlato was arresed for allegedly processing €700M in illicit funds. Anatoly Legkodymov, a Russian living in China, was arrested in Miami on Tuesday on charges that he operated the exchange as a “high-tech financial hub that, in his own words catered to…

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