Trending Topic: Europol Seizes $19.5M In Crypto During Enforcement Action Against Bitzlato

Europol said that Bitzlato users were especially close to defunct darknet marketplace Hydra Market for drugs and stolen financial information.

According to recent findings from Europol, law enforcement personnel confiscated crypto wallets worth over $19 million in cryptocurrency as part of their operations against Bitzlato. On January 23rd, Europol disclosed that about 46% of the 1 billion euro (or $1.09 billion) channeled through Bitzlato was related to unlawful deeds.

Europol: 46% of Bitzlato assets were unlawful. U.S. and European authorities confiscated $19.5 million in cryptocurrencies from crypto wallets.

Bitzlato's management team was arrested during an international law enforcement operation.

Key Points: Europol publishes Authorities reportedly grabbed custody of bitcoin wallets containing more than $19 million in cryptocurrency as part of enforcement measures against crypto business Bitzlato, according to the European Union Agency for Law Enforcement Cooperation, or Europol. In a Jan. 23 announcement, Europol reported that roughly 46% of assets — 1 billion euro, or $1.

European Union police agency (Europol) said it arrested five senior executives of the sanctioned Bitzlato exchange.

The operation conducted by authorities across Europe and the U.S. resulted in the arrest of 5 individuals linked to the exchange, including Bitzlato founder Anatoly Legkodymov.