Bitzlato Exec Pleads Out To $700M Dirty Crypto Exchange Rap

By Stewart Bishop (December 6, 2023, 6:54 PM EST) -- The jailed founder of cryptocurrency exchange Bitzlato Ltd. admitted Wednesday that the China-based cryptocurrency exchange processed what prosecutors say was over $700 million in illicit funds derived from criminal activity, including ransomware attacks and narcotics trafficking....

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