“Approximately two-thirds of Bitzlatoโs top receiving and sending counterparties are associated with darknet markets or scams. For example, Bitzlatoโs top three receiving counterparties, by total amount of BTC received between May 2018 and September 2022 were: (1) Binance, a VASP; (2) the Russia-connected darknet market Hydra; and (3) the alleged Russia-based Ponzi scheme โTheFiniko,โ the order said.
Binance Named as Counterparty in FinCEN Order Against Bitzlato
