Crypto platform Bitzlato is accused of laundering more than $700 million in illicit funds
US authorities have designated cryptocurrency exchange Bitzlato Ltd as a major money laundering concern and have charged its founder with charges of facilitating money laundering for criminals. The Treasury Department designated Bitzlato under a section of the US Patriot Act, a law used to combat money laundering and terrorist financing, for allegedly laundering illicit money …
