Founder and Majority Proprietor of Cryptocurrency Change Charged with Processing Over $700 Million of Illicit Funds | OPA

The founder and majority proprietor of a cryptocurrency change, Bitzlato Ltd. (Bitzlato), was arrested in Miami for his alleged operation of a cash transmitting enterprise that transported and transmitted illicit funds and that failed to satisfy U.S. regulatory safeguards, together with anti-money laundering necessities.

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Founder and Majority Proprietor of Cryptocurrency Change Charged with Processing Over $700 Million of Illicit Funds

Deputy Legal professional Common Lisa O. Monaco Delivers Remarks on Founder and Majority Proprietor of Cryptocurrency Change Charged with Processing Illicit Funds

Assistant Legal professional Common Kenneth A. Well mannered, Jr. Delivers Remarks on Founder and Majority Proprietor of Cryptocurrency Change Charged with Processing Illicit Funds