Order Against Bitzlato Reveals Binance as a Counterparty
The $700 million money laundering case involving Bitzlato is making headlines. The US Department of Justice and other authorities previously announced a significant international cryptocurrency enforcement action against the cryptocurrency firm, Bitzlato . According to the details, Anatoly Legkodymov, the senior executive of Bitzlato , was charged in federal court in Brooklyn with operating a money-transfer business that moved and transmitted illicit funds. Read more: Shiba Inu: Burn Rate and Price Drops After Recent Pump Now, according to a recent order by the Financial Crimes Enforcement Network (FinCEN), global Cryptocurrency exchange , Binance, is named as a counterparty. Source: Cryptorussia.ru Binance identified as one of the receiving and sending counterparties According to the details from the order, Binance was identified as a counterparty that received and sent the funds associated with the Bitzlato case. “Approximately two-thirds of Bitzlato ’s top...