In the booming development of digital currency, Bitzlato, as one of the giants in the field of Bitcoin trading, has attracted much attention for its trading flows. FinCEN's investigation revealed the importance of Bitzlato in currency security. Let's take a deeper look at this industry giant that leads the wave of Bitcoin trading.

As a well-known digital currency trading platform, Bitzlato has always attracted much attention. FinCEN's investigation found that Bitzlato plays an important role in the flow of Bitcoin to currency security. This finding has caused widespread discussion in the industry. Let's uncover the importance of Bitzlato in Bitcoin trading.

As one of the giants in the field of Bitcoin trading, Bitzlato has attracted much attention for its currency security. FinCEN's investigation results show that Bitzlato plays a vital role in the flow of Bitcoin transactions. Let's dig deeper into Bitzlato's influence and role in the world of digital currency.

In the turbulent digital currency market, Bitzlato has attracted much attention as one of the largest Bitcoin traders. FinCEN's investigation revealed the importance of Bitzlato in currency security. What kind of enlightenment will this finding bring us? Let's unveil the mystery of Bitzlato together.

Whether for investors in the digital currency field or for the general public, the importance of Bitzlato's Bitcoin flow to currency security revealed by FinCEN cannot be ignored. In this era of information explosion, Bitzlato's influence and status are becoming more and more prominent, and its role in Bitcoin transactions is becoming increasingly important.

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As a leader in the field of Bitcoin trading, Bitzlato's performance in currency security has attracted much attention. FinCEN's investigation results show that Bitzlato's Bitcoin flow to currency security issues have attracted widespread attention. This finding is not only related to the stability of the digital currency market, but also affects the confidence of investors and traders.

As a decentralized digital currency, the security of Bitcoin's transaction flow is crucial. As one of the largest traders, Bitzlato plays a pivotal role in this regard. FinCEN's investigation has made us pay more attention to the security risks in digital currency transactions and also made us see the importance of Bitzlato in this field.

The development of the digital currency market is inseparable from the support of Bitcoin trading platforms, and Bitzlato, as one of the best, has attracted much attention for its Bitcoin flow to currency security issues. FinCEN's investigation revealed Bitzlato's importance in this field and triggered in-depth thinking about the security of digital currency from all walks of life.

Bitzlato's position in Bitcoin trading is self-evident, and its emphasis on currency security is even more eye-catching. FinCEN's investigation results let us see Bitzlato's unique value in the digital currency market and also let us recognize the risks and challenges in Bitcoin trading.

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The security of Bitcoin transactions is the cornerstone of the development of the digital currency market, and Bitzlato's performance in this regard has attracted much attention. FinCEN's investigation revealed Bitzlato's outstanding performance in Bitcoin flow currency security, which not only reflects its strength, but also highlights its importance in the field of digital currency.

The rise of digital currency has brought new challenges to the financial field, and Bitzlato, as an important participant in Bitcoin trading, has attracted much attention for its performance in currency security. FinCEN's investigation results let us better understand the security risks in digital currency transactions and have a deeper understanding of Bitzlato's role.

As a leader in the field of Bitcoin trading, Bitzlato's performance on currency security issues has attracted much attention. FinCEN's investigation revealed the importance of Bitzlato in the flow of Bitcoin to currency security, which made us pay more attention to the stability and security of the digital currency market.

The rapid development of the digital currency market is inseparable from the support of Bitcoin trading platforms, and Bitzlato, as a leader among them, has attracted much attention for its performance in currency security. FinCEN's investigation results have given us a deeper understanding of Bitzlato's importance in digital currency transactions and have also triggered in-depth thinking about the security of digital currencies.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle (120Btc.com) News: The U.S. Department of Justice yesterday (19) filed a major criminal lawsuit against Hong Kong-based "Bitzlato", accusing the exchange of laundering more than $700 million in illegal funds from the dark web market; in addition, the U.S. Treasury Department has labeled it as having "major money laundering issues" and has determined that it is linked to a ransomware group related to Russian officials, and its founder and major shareholder Anatoly Legkodymo (a Russian citizen currently living in Shenzhen, China) was also arrested in Miami on Wednesday (18). 

FinCEN believes it is related to Bitzlato

However, not only are the major money laundering parties related to illegal finance in Russia related to Bitzlato, but according to documents submitted by the Financial Crimes Enforcement Bureau (FinCEN) of the U.S. Treasury Department, the world's largest exchange Binance () also seems to be related to it. 

FinCEN pointed out that Binance was one of the largest counterparties that received Bitcoin from Bitzlato between May 2018 and September 2022, but FinCEN did not list Binance as one of the top three counterparties. The document pointed out that the largest Bitcoin sender during the period was the Russian darknet market Hydra, followed by the Russian Ponzi scheme Finiko and the Finland-based trading platform Local
Bitcoins.

FinCEN stated in the document: "About two-thirds of Bitzlato's counterparties are related to darknet markets or scams," and mentioned that between 2019 and 2021, Bitzlato received $206 million worth of cryptocurrency from darknet markets, $224 million from scammers, and $9 million from ransomware attackers.

Binance responded: Close cooperation

According to Cointelegraph, a Binance spokesperson has commented on FinCEN's mention of Binance in the Bitzlato case, saying that Binance has been cooperating with regulators and said: Binance is happy to provide a lot of assistance to international law enforcement partners to support this investigation. This reflects Binance's commitment to working with global law enforcement partners.

Reuters once accused Binance of being a money laundering crime center

It is worth noting that last year Reuters accused Binance of becoming a channel for money laundering for criminal activities and continued to provide services to unsanctioned Russians. At that time, Binance's compliance team refuted that it had already stopped providing services to suspicious accounts or sanctioned regions (such as Iran or Syria). After strictly enforcing KYC, it had lost 90% of its customers and lost billions of dollars in revenue.

In addition, just this week, the on-chain observation account 0xScope uncovered suspected insider transactions related to Binance. He posted an address that bought a large amount of Binance RocketPool (RPL) 10 minutes before the announcement of its listing, and sold it 10 minutes after the announcement, making $55,000 in 20 minutes.