Deputy Attorney General Lisa Monaco announces the arrest of Anatoly Legkodymov on money laundering charges. Legkodymov is the founder of the China-based Bitzlato cryptocurrency exchange.
Monthly Archives For January 2023
Russian founder of China based cryptocurrency firm charged by U.S. Justice Dept
A Russian national who founded a cryptocurrency exchange that evaded U.S. regulations and became a haven for the proceeds of criminal activity has …
DOJ charges founder of crypto exchange Bitzlato for processing $700M of illegal funds
In a press conference on Wednesday, the U.S. Department of Justice announced that it has arrested Anatoly Legkodymov, founder of crypto exchange Bitzlato, for allegedly processing over $700 million of …
China names Covid-19 experts as new members of political advisory body
Beijing has named two top Covid-19 experts as new members of the national political advisory body, endorsing their efforts despite polarised public views on the country’s pandemic response. Zhang …
China’s population crisis is a reminder of a key U.S. advantage
The first is that India’s population has grown quickly in recent decades and continues to do so. The second is that, as was widely reported this week, China’s population contracted during 2022 for the …
US’s Yellen and China’s Liu seek to ease concerns over economic tensions
Beijing and Washington try to counter fears with first meeting of two most senior economic officials in three years …
Foreign investors pulled $91B from China’s bond market last year
The Chinese government’s end to its strict zero-Covid regime could encourage more foreign investors to return to the country’s bond market this year, analysts said.
Why China’s shrinking population is a big deal – counting the social, economic and political costs of an aging, smaller society
For the first time since 1961, deaths in China have outpaced births – and unlike that one-year decline, the downward trend is likely to continue.
Russian cryptocurrency exchange owner, who lives in China, arrested in Miami
Anatoly Legkodymov of Bitzlato Ltd. is charged with conducting an unlicensed money transmitting business and faces up to five years in prison if convicted.
Crypto exec arrested in Miami, accused of ‘vast’ $700M money laundering operation
Federal agents in Miami arrested the founder of a cryptocurrency exchange Tuesday night, accusing him of running a “vast” money laundering operation, the U.S. Department of Justice announced Wednesday …
US identifies crypto firm Bitzlato as a ‘money laundering concern’, website seized
The agency’s FinCEN unit has issued an order prohibiting certain transmittals of funds involving Bitzlato by any covered financial institution, it said in a statement. Bitzlato’s …
DoJ crypto announcement – live: Bitcoin price crashes amid ‘major’ new cryptocurrency move
Bitcoin price crashes amid ‘major’ new cryptocurrency move – Department of Justice officials say they will reveal the news at 12pm in Washington DC …
China Is Reopening. Burberry and Other Luxury Brands Stand to Gain.
Luxury brands took a hit from China’s lockdowns to fight Covid-19, but companies such as Burberry and Richemont could benefit now that Beijing has scaled back its efforts to halt the spread of the …
