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LBRY Claims • The-US-Justice-Department-and-Treasury-Department-have-charged-Bitzlato-Ltd.-with-money-laundering-and-arrested-its-founder-in-Miam

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19 Jan 2023 10:47:35 UTC
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The US Justice Department and Treasury Department have charged Bitzlato Ltd. with money laundering and arrested its founder in Miam
The US Justice Department and Treasury Department have charged Bitzlato Ltd. with money laundering and arrested its founder in Miami, claiming that the Hong Kong-based platform has laundered funds tied to illicit Russian finance. The Treasury's Financial Crimes Enforcement Network (FinCEN) has labelled the company a “primary money-laundering concern” and effectively cut off the business from the global financial system. The platform, which offered peer-to-peer services and hosted wallets of criminals buying and selling illegal goods, has been effectively shut down and $700 million in direct and indirect transfers in the last several years have been involved.
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video/mp4
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English
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