Cybersecurity

Founder of Bitzlato Cryptocurrency Exchange Pleads Guilty in Money-Laundering Scheme

Dec 08, 2023The Hacker NewsCryptocurrency / Cyber Crime The Russian founder of the now-defunct Bitzlato cryptocurrency exchange has pleaded guilty, nearly 11 months after he was arrested in Miami earlier this year. Anatoly Legkodymov (aka Anatolii Legkodymov, Gandalf, and Tolik), according to the U.S. Justice Department, admitted to operating an unlicensed money-transmitting business that enabled […]