Bitzlato crypto founder charged with $700m financial crimes

"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." 

Source : [Bitzlato crypto founder charged with $700m financial crimes](news.google.com/__i/rss/rd/articles/CBMiKmh0dHBzOi8vd3d3LmJiYy5jb20vbmV3cy9idXNpbmVzcy02NDMyMjU3NtIBLmh0dHBzOi8vd3d3LmJiYy5jb20vbmV3cy9idXNpbmVzcy02NDMyMjU3Ni5hbXA?oc=5) undefined - 89BBC / January 19, 2023