The US Justice Department and the National Treasury today announced a law enforcement oversight of an international cryptocurrency company. Bitzlato, a cryptocurrency trading site registered in Hong Kong, was the subject of the study. The announcement comes at a time when the cryptocurrency sector is facing important upheavals, especially in connection with the decline of FTX, the previously dominant cryptocurrency trading center.

The US Justice Department has seized the pit bull Rato trading center

Bitzlato, the company's headquarters in Hong Kong, China, has been shut down by the US government, and the founder of the site, Anatoly Legkodymov, has been arrested, according to Deputy Justice Secretary Lisa Monaco. This puts an end to the site's continued compliance with known crimes related to Russia. Monaco outlined coordinated law enforcement actions, which also included the Federal Bureau of investigation and the United States Department of the Treasury. Monaco says the operation is by far the most important action against data encryption and criminal crimes on the Internet.

The report quoted the United States Attorney for the East District of New York City as saying:

For anyone who still believes they can cover up laws and regulations by using cryptocurrencies, the lawsuit should calm such imaginations.

For additional information, please refer to:Take a look at the most popular data encryption channel program in 2023.

The government claims that BitZlato provided power engineering to dark network users and guided a process of blackmail virus attacks, with direct and indirect illegal activities totaling more than $700m between 2018 and 2022. Similar to the situation of most large and medium-sized exchanges, the website basically does not accept its own identification customer information, which makes it tempting for criminal suspects.

Violate the laws and regulations of compliance management

Russian leader Anatoly Anatoly Legkodymov was detained in Miami on Tuesday night after he was accused of running a money laundering company, violating anti-money laundering laws and transporting illegal assets. On Wednesday afternoon, the 40-year-old login password tycoon who currently settled in China will be sent to the Regional people's Court of the Southern District of California to accept criminal charges.

Us Deputy Attorney General Lisa Monaco said: "whether you violate our own laws and regulations in our country or in Europe, or misuse our own financial system on tropical islands, you will be held responsible for your crimes at the US trial site."

U.S. Deputy Attorney General Lisa Monaco announced the information on Wednesday afternoon. She hosted a press conference with Deputy Bureau of investigation Bobby Weller, New York City East District Attorney Brian Friendship, Assistant Attorney General Kenneth Pratt of the Justice Department's Criminal cases Division, and Deputy Treasury Secretary West Moziemo.