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Bitzlato

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The founder of Bitzlato, a Hong Kong-based cryptocurrency exchange, Anatoly Legkodymov, was arrested in January for his alleged involvement in a vast money laundering operation. Legkodymov has been accused of using Bitzlato to process more than $700 million in illicit cryptocurrency transactions, including ransomware payments. Anatoly Legkodymov reaches out for help as authorities crack down on illicit activities in crypto industry The US Department of Justice has charged the exchange with facilitating illegal transactions tied…