The co-founder of Hong Kong-registered virtual currency exchange Bitzlato, a Russian national who U.S. authorities have accused of processing about $700 million in illicit funds, pleaded guilty to a U.S. criminal charge on Wednesday and agreed to forfeit $23 million in a deal with federal prospectors.

Russian co-founder of crypto exchange Bitzlato pleads guilty in US comes via ChinaTechNews.com.


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