The founder of the cryptocurrency trading platform Bitzlato pleaded guilty to illegal money transfer activities

ChainCatcher news, according to official reports, Anatoly Legkodymov, the Russian founder and major shareholder of Bitzlato Ltd., pleaded guilty today in a New York federal court, admitting to operating a currency trading business involved in illegal fund transfers. This charge stems from Anatoly's primary ownership of the cryptocurrency trading platform Bitzlato Ltd., which served as a major conduit for darknet market sellers and ransomware criminals. As part of the plea agreement, Anatoly agreed to dissolve Bitzlato and forfeit all rights to approximately $23 million in seized Bitzlato assets.