EarthFirst
EarthFirst's JournalFrom the 'Flori-duh' Files...
https://twitter.com/travisakers/status/1616274690938638338Founder and Majority Owner of Bitzlato, a Cryptocurrency Exchange, Charged
Source: Department of Justice
Founder and Majority Owner of Bitzlato, a Cryptocurrency Exchange, Charged with Unlicensed Money Transmitting
BROOKLYN, NY – A complaint was unsealed this morning in federal court in Brooklyn charging Anatoly Legkodymov, a Russian national and senior executive of Bitzlato Ltd. (Bitzlato), a Hong Kong-registered cryptocurrency exchange, with conducting a money transmitting business that transported and transmitted illicit funds and that failed to meet U.S. regulatory safeguards, including anti-money laundering requirements. Legkodymov was arrested last night in Miami and is scheduled to be arraigned this afternoon in the U.S. District Court for the Southern District of Florida. French authorities and the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) are taking concurrent enforcement actions.
Breon Peace, United States Attorney for the Eastern District of New York; Lisa O. Monaco, Deputy Attorney General for the Department of Justice; Kenneth A. Polite, Assistant Attorney General for the Department of Justice’s Criminal Division; Brian C. Turner, Associate Deputy Director, Federal Bureau of Investigation (FBI); and Michael J. Driscoll, Assistant Director-in-Charge, FBI, New York Field Office, announced the arrest and charge.
“Institutions that trade in cryptocurrency are not above the law and their owners are not beyond our reach,” stated U.S. Attorney Breon Peace. “As alleged, Bitzlato sold itself to criminals as a no-questions-asked cryptocurrency exchange, and reaped hundreds of millions of dollars’ worth of deposits as a result. The defendant is now paying the price for the malign role that his company played in the cryptocurrency ecosystem.”
“Today the Department of Justice dealt a significant blow to the cryptocrime ecosystem,” stated Deputy Attorney General Monaco. “Overnight, the Department worked with key partners here and abroad to disrupt Bitzlato, the China-based money laundering engine that fueled a high-tech axis of cryptocrime, and to arrest its founder, Russian national Anatoly Legkodymov. Today’s actions send the clear message: whether you break our laws from China or Europe—or abuse our financial system from a tropical island—you can expect to answer for your crimes inside a United States courtroom.”
Read more: https://www.justice.gov/usao-edny/pr/founder-and-majority-owner-bitzlato-cryptocurrency-exchange-charged-unlicensed-money
Replacing "the economy" with "rich people's yacht money"
-How do we respond to COVID-19 without sacrificing rich people’s yacht money?
-Responding to climate change is great; but what about rich people’s yacht money?
-Medicare For All would destroy rich people’s yacht money!
@KatiePorter wins the internet
https://twitter.com/politicalplayer/status/1611585974534041600No vote from Santos?
What’s he out wandering the halls since nobody has talked to him in the back row in hours?
Adjourn until 8?
Just heard on CSPAN that AOC (?) mentioned Democrats we’re willing to entertain an adjournment to conference until 8 p.m.
A few images from Buffalo, New York...
It’s an absolute natural disaster zone in Buffalo, New York.
The tragedy of loss of life from exposure in abandoned vehicles is only likely to increase in the coming days.
Many, many still stranded with rapidly (or currently) depleted resources.
A mere 70 miles east; we are looking at barren lawn.
We’ve offered our equipment; loaders and skid steers with manpower to Erie County Emergency Management; on standby until it’s been deemed safe to enter the area. Not sure if we will be called up or not…
Keep WNY in your thoughts today; it’s going to be a massive recovery effort in Buffalo over the coming days.
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