Follow Us on Google News
WASHINGTON: The US has arrested the Russian founder of a cryptocurrency exchange based in China.
The Russian founder of a China-based cryptocurrency exchange has been arrested for disrupting an online platform used by the darknet, according to US authorities.
Read more: Crypto exchange Kraken under scrutiny for sale of unregistered securities
Yesterday, authorities in Hong Kong arrested 40-year-old Anatoly Legkodimov on charges of operating a money transmission business without a license.
In addition, the authorities dismantled its digital infrastructure and seized its cryptocurrency. It should be noted that if convicted, he can be sentenced to a maximum of five years in prison.