U.S. Attorney Breon Peace for the Eastern District of New York delivers remarks from a podium bearing the Department of Justice seal. To the left stands Associate Deputy Director Brian Turner of the FBI.

"Institutions that trade in cryptocurrency are not above the law and their owners are not beyond our reach. As alleged, Bitzlato sold itself to criminals as a no-questions-asked cryptocurrency exchange, and reaped hundreds of millions of dollars worth of deposits as a result. The defendant is now paying the price for the malign role that his company played in the cryptocurrency ecosystem."
-U.S. Attorney Breon Peace for the Eastern District of New York

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