The US Ministry of Justice issues an international lawsuit for cryptocurrencies

The US Ministry of Justice issues an international lawsuit for cryptocurrencies

On Wednesday the US Ministry of Justice announced an international enforcement measure for cryptocurrencies.

The department arrested the founder of Bitzlato-a Chinese crypto exchange that is involved in the operation of financial criminals

  • The doj broke the message
  • The department explained that Bitzlato Darknet marketplaces had been fueled and supported the process of ransomware attacks that will be overcome between 2018 and 2022 to over $ 700 million of direct and indirect illegal transfer.
  • The exchange was attractive for criminals due to its minimal requirements for user-identifying information, as is typical for most major outdoor exits.
  • ransomware is a criminal cryptocurrency for which is often used due to its irreversibility and anonymity.
  • "Coordinated Operations like this against Bitslato are the linchps of international success against cybercrime," said the department.
  • For those who still believe that they can hide from the law by using cryptocurrency, if this indictment should eliminate this illusion, "said an accompanying US lawyer for the Eastern District of New York.
  • The announcement takes place at a time great turbulence in the crypto industry, especially in connection with the collapse of the former crypto exchange giant FTX.

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