Russian owner of cryptocurrency exchange Bitzlato arrested in Miami

Prosecutors allege Anatoly Legkodymov’s company became a ‘safe haven’ for proceeds of criminal activity

A Russian national who founded a cryptocurrency exchange that the justice department says became a haven for the proceeds of criminal activity has been arrested, federal officials said on Wednesday.

Anatoly Legkodymov, who lives in China, was arrested on Tuesday night in Miami and was due in court on a charge of conducting an unlicensed money transmitting business.