Binance Named as Counterparty in FinCEN Order Against Bitzlato

“About two-thirds of Bitzlato’s leading acquiring and sending counterparties are associated with darknet markets or frauds. For example, Bitzlato’s major 3 acquiring counterparties, by whole amount of money of BTC been given involving May 2018 and September 2022, ended up: (1) Binance, a VASP [virtual asset service provider] (2) the Russia-linked darknet market Hydra and (3) the alleged Russia-dependent Ponzi plan “TheFiniko,” the get explained.

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