The U.S. Department of Justice (DoJ) on Wednesday announced the arrest of Anatoly Legkodymov (aka Gandalf and Tolik), the cofounder of Hong Kong-registered cryptocurrency exchange Bitzlato for allegedly processing $700 million in illicit funds.
The 40-year-old Russian national, who was arrested in Miami, was charged in a U.S. federal court with “conducting a money transmitting business that