Skip to main content

This is archived content from the U.S. Department of Justice website. The information here may be outdated and links may no longer function. Please contact webmaster@usdoj.gov if you have any questions about the archive site.

Video

Founder and Majority Owner of Cryptocurrency Exchange Charged with Processing Over $700 Million of Illicit Funds

Remote video URL
Watch Founder and Majority Owner of Cryptocurrency Exchange Charged with Processing Over $700 Million of.. on YouTube.

The founder and majority owner of a cryptocurrency exchange, Bitzlato Ltd. (Bitzlato), was arrested in Miami for his alleged operation of a money transmitting business that transported and transmitted illicit funds and that failed to meet U.S. regulatory safeguards, including anti-money laundering requirements.

Related:

Founder and Majority Owner of Cryptocurrency Exchange Charged with Processing Over $700 Million of Illicit Funds

Deputy Attorney General Lisa O. Monaco Delivers Remarks on Founder and Majority Owner of Cryptocurrency Exchange Charged with Processing Illicit Funds

Assistant Attorney General Kenneth A. Polite, Jr. Delivers Remarks on Founder and Majority Owner of Cryptocurrency Exchange Charged with Processing Illicit Funds

Review the YouTube Terms of Service and the Google Privacy Policy.

Updated February 5, 2025
Topic
Cybercrime
Components
Criminal Division
Federal Bureau of Investigation (FBI)
Office of the Deputy Attorney General

Related Content

Press Release
“LockerGoga,” “MegaCortex,” and “Nefilim” Ransomware Administrator Charged with Ransomware Attacks

Earlier today, the U.S. District Court for the Eastern District of New York unsealed a superseding indictment charging Volodymyr Viktorovich Tymoshchuk — also known as deadforz, Boba, msfv, and farnetwork...

Press Release
Chinese National Who Deployed "Kill Switch" Code on Employer's Network Sentenced to Four Years in Prison

A Chinese national was sentenced today to four years in prison and three years of supervised release for writing and deploying malicious code on his then-employer’s network.

Speech
Acting Assistant Attorney General Matthew R. Galeotti Delivers Remarks at the American Innovation Project Summit in Jackson, Wyoming
Jackson

Thank you, Amanda, for that introduction, and thank you to the American Innovation Project for hosting this conference.