Bitzlato Crypto Exchange Founder Arrested for Aiding Cybercriminals

The U.S. Department of Justice DoJ on Wednesday announced the arrest of Anatoly Legkodymov aka Gandalf and Tolik, the cofounder of Hong Kong-registered cryptocurrency exchange Bitzlato, for allegedly processing $700 million in illicit funds. The 40-year-old Russian national, who was arrested in...

U.S. Treasury Department Sanctions Russia-based Hydra Darknet Marketplace

The U.S. Treasury Department on Tuesday sanctioned Hydra, the same day German law enforcement authorities disrupted the world's largest and longest-running dark web marketplace following a coordinated operation in partnership with U.S. officials. The sanctions are part of an "international effort...

Germany Shuts Down Russian Hydra Darknet Market; Seizes $25 Million in Bitcoin

Germany's Federal Criminal Police Office, the Bundeskriminalamt BKA, on Tuesday announced the official takedown of Hydra, the world's largest illegal dark web marketplace that has cumulatively facilitated over $5 billion in Bitcoin transactions to date. "Bitcoins amounting to currently the...