{"id":32843,"date":"2023-01-24T15:35:57","date_gmt":"2023-01-24T15:35:57","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/europol-seizes-19-5m-worth-in-crypto-wallets-in-action-against-exchange-platform-bitzlato-2"},"modified":"2023-01-24T16:51:42","modified_gmt":"2023-01-24T16:51:42","slug":"europol-seizes-19-5m-worth-in-crypto-wallets-in-action-against-exchange-platform-bitzlato-2","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/europol-seizes-19-5m-worth-in-crypto-wallets-in-action-against-exchange-platform-bitzlato-2","title":{"rendered":"Europol seizes $19.5M worth in crypto wallets in action against exchange platform Bitzlato"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>Europol announced Monday it has seized crypto wallets worth about \u20ac18 million ($19.5 million) in cryptocurrency, vehicles, and electronic equipment in action against Hong Kong-registered crypto exchange platform Bitzlato.<\/p>\n

The EU agency said it has arrested five individuals so far, searched eight houses, taken down digital infrastructure for further investigation, and frozen more than 100 accounts involving a total of \u20ac50 million.<\/p>\n

“Targeting crucial crime facilitators such as crypto exchanges is becoming a key priority in the battle against cybercrime,” Europol said in a statement.<\/p>\n

“Law enforcement authorities took down the digital infrastructure of the service, based in France, and interrogated leading members of the platform\u2019s management. The operation also involved law enforcement and judicial authorities from Belgium, (Greek) Cyprus, Portugal, Spain and the Netherlands,” it added.<\/p>\n

Noting that Bitzlato allowed the rapid conversion of various crypto assets into Russian rubles, Europol said it estimates the platform has received a total of assets worth \u20ac2.1 billion.<\/p>\n

The US Justice Department announced last week it had taken action against Bitzlato and arrested its founder Anatoly Legkodymov, a Russian national, in Miami, Florida.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. Europol announced Monday it has seized crypto wallets worth about \u20ac18 million ($19.5 million) in cryptocurrency, vehicles, and electronic equipment in action against Hong Kong-registered crypto exchange platform Bitzlato. The EU agency said it has arrested five individuals so far, searched eight houses, taken down digital infrastructure for further investigation, and frozen […]<\/p>\n","protected":false},"author":84,"featured_media":32842,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[233,281,283],"class_list":["post-32843","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nEuropol seizes $19.5M worth in crypto wallets in action against exchange platform Bitzlato - Mozambique<\/title>\n<meta name=\"description\" content=\"Europol announced Monday it has seized crypto wallets worth about \u20ac18 million ($19.5 million) in cryptocurrency, vehicle ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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