Assistant Attorney General Kenneth A. Polite Jr. delivers remarks from a podium bearing the Department of Justice seal. To the left stands Deputy Attorney General Lisa O. Monaco.

"As alleged, the defendant helped operate a cryptocurrency exchange that failed to implement required anti-money laundering safeguards and enabled criminals to profit from their wrongdoing, including ransomware and drug trafficking. The National Cryptocurrency Enforcement Team's tremendous efforts to disrupt Bitzlato and arrest the defendant demonstrate that we will continue to work with our partners – both foreign and domestic – to combat cryptocurrency-fueled crimes, even if they transcend international borders."
-Assistant Attorney General Kenneth A. Polite, Jr. of the Justice Department's Criminal Division