Bitzlato Executives Arrested in Europe, Exchange Laundered €1 Billion, Europol Says

Bitzlato Executives Arrested in Europe, Exchange Laundered €1 Billion, Europol Says


European law enforcement authorities have detained four more members of the executive team of crypto exchange Bitzlato, Europol announced. According to the police agency, nearly half of the funds processed through the platform were associated with various criminal activities.

Bitzlato Senior Management Targeted in Europe, Exchange Infrastructure Dismantled

High-ranking executives of the recently busted Bitzlato have been apprehended as part of the international investigation against the crypto exchange with the participation of law enforcement and judicial authorities in several European countries.

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According to a press release published by the European Union Agency for Law Enforcement Cooperation (Europol) on Monday, the operation led by the U.S. and France, also involved Belgium, Cyprus, Portugal, Spain, and the Netherlands.

The Hong Kong-registered coin trading platform is suspected of

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