Binance was final destination for millions in funds from Bitzlato, exchange shut down for alleged money laundering

(CNBC) Federal prosecutors unsealed an indictment against a little-known crypto exchange called Bitzlato on Wednesday, alleging that it facilitated the laundering of $700 million in tainted crypto tied to the now-shuttered dark-web market Hydra, and millions more in ransomware proceeds.

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