May 15, 2025

Bitzlato Founder Sentenced to Prison for Facilitating Money Laundering

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Judge Eric Vitaliano sentenced the founder of the Bitzlato cryptocurrency exchange, Legkodymov, to 18 months in prison due to money laundering. Judge Eric Vitaliano ruled Legkodymov’s 18 months in Brooklyn’s MDC was sufficient punishment for $700M in illicit proceeds from the Russian dark web. On July 18, Judge Eric Vitaliano sentenced the founder of the

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Source: Bitcoin World

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