Bitzlato

🚨 Fraudster Seeks Trump Pardon After Guilty Plea! What's Next?

Breaking news out of the US! Anatoly Legkodymov, co founder of the now defunct crypto exchange Bitzlato, has reportedly requested a federal pardon from President Donald Trump. Legkodymov pleaded guilty to operating an unlicensed money transmitting business and served 18 months in prison.

This move follows a trend of crypto figures seeking clemency, with previous pardons issued to individuals like Silk Road founder Ross Ulbricht and former BitMEX executives. There are even reports that former Binance CEO CZ and FTX's Sam Bankman Fried have sought pardons from Trump.

The request highlights the ongoing legal complexities and high stakes in the crypto space. Will Trump grant this pardon? If yes, will it mean that everyone can simply do what they want without consequences? We gotta keep them leashed to maintain law and order, no? #Bitzlato #Pardon #USA #Trump #DonaldTrump

RUSSIAN CRYPTO CRIMINAL SEEKS TRUMP’S PARDON
BITZLATO FOUNDER ASKS TO AVOID EXTRADITION TO FRANCE

Anatoly Legkodymov, founder of the defunct crypto exchange Bitzlato, is requesting a presidential pardon from Donald Trump — aiming to dodge extradition to France after already serving 18 months in U.S. custody.

🇷🇺 Arrested in 2023 for running an unlicensed crypto exchange
💸 Linked to darknet market Hydra, handling $700M+
⚖️ Pleaded guilty and forfeited $23M in crypto
🇫🇷 Faces 20 more years if sent to France

His legal team calls him a victim of a political war on crypto and hopes Trump will support a “fairer approach to digital finance.”

#Bitzlato #CryptoCrime #TrumpPardon #CryptoRegulation

🔐 Cybersecurity News (December 7, 2023):

1️⃣ Justice: The founder of the cryptocurrency exchange platform Bitzlato, Anatoly Legkodymov, has pleaded guilty to the transfer and laundering of criminal funds. According to the prosecutor's office, the Russian holds a controlling stake in a company that served as the main channel for darknet traders and ransomware operators. As part of the plea agreement, Legkodymov has agreed to shut down #bitzlato and waive any claims to approximately $23 million related to the seized assets of the exchange. 🤔

2️⃣ Le Monde: All criminal charges have been dropped against the hackers who stole $8.5 million from the #defi protocol Platypus Finance. A French court acknowledged that the hackers' manipulations cannot be considered fraud. However, Platypus may continue to pursue the perpetrators in civil court. 🕵️‍♂️

3️⃣ Kyber Network: The team of the decentralized exchange KyberSwap will offer grants from the project's treasury to users affected by the November hack totaling $48.8 million. 💔

4️⃣ IRS: The U.S. Internal Revenue Service (IRS) has reported an increase in the number of cases related to tax evasion using cryptocurrencies. Just three years ago, the majority of crimes in the #crypto industry were related to money laundering, but the situation has now changed. 👍

5️⃣ SlowMist: In November alone, experts recorded 47 incidents related to #hacker activities. The total damage from the attacks amounted to $349 million. More than half of the lost funds in cryptocurrency were attributed to hacks of projects associated with Justin Sun. 🔐

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