Binance Processed Nearly $346M of Bitcoin for Crypto Exchange Bitzlato: Reuters

Refer Friends. Earn Crypto Together.

Binance processed $345.8 million worth of bitcoin transactions for crypto exchange Bitzlato, Reuters reported Tuesday, citing data by blockchain research firm Chainalysis.

The world’s largest crypto exchange by trade volume, Binance, according to the story, did 205,000 transactions with Bitzlato between May 2018 and its closure last week after the U.S. Department of Justice (DOJ) charged it and its founder with money laundering.

About $90 million worth of bitcoin transfers were carried out after August 2021, according to the report, which was when Binance said it would start demanding stricter background checks from clients in order to fight financial crime.

Binance last week was named as one of Bitzlato’s top 3 counterparties by the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN).

Neither Binance nor Chainalsysis immediately responded to CoinDesk’s request for comment.

Read more: Crypto Exchange Bitzlato Converted Over $1B in Crime-Linked Assets, Europol Says

Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.


Показать больше

2 Комментариев

  1. After reading your article, it reminded me of some things about gate io that I studied before. The content is similar to yours, but your thinking is very special, which gave me a different idea. Thank you. But I still have some questions I want to ask you, I will always pay attention. Thanks.

  2. I am a student of BAK College. The recent paper competition gave me a lot of headaches, and I checked a lot of information. Finally, after reading your article, it suddenly dawned on me that I can still have such an idea. grateful. But I still have some questions, hope you can help me.

Добавить комментарий

Кнопка «Наверх»