Anatoly Legkodymov, Russian founder of Hong Kong-registered cryptocurrency exchange Bitzlato Limited ("Bitzlato"), was arrested on January 17 based on an Amended Complaint filed by the Department of Justice ("DOJ") charging...more
2/7/2023
/ Anti-Money Laundering ,
BSA/AML ,
Criminal Prosecution ,
Crypto Exchanges ,
Cryptocurrency ,
Dark Web ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Financial Crimes ,
Financial Institutions ,
Financial Transactions ,
FinCEN ,
Fund Transfers ,
Licensing Rules ,
Money Laundering ,
Office of Foreign Assets Control (OFAC)
The New York State Department of Financial Services ("NYDFS") announced on January 4 that it had reached a $100 million settlement with Coinbase, Inc. ("Coinbase") for failures in its Bank Secrecy Act and anti-money...more