Hands up if you’ve ever heard of Bitzlato… anybody? No? Us neither

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City AM

By Darren Parkin The week in reviewwith Jason Deane Bitzlato who? I’m going to fess up and admit that until earlier this week I’d never heard of Bitzlato and assumed it was a coffee at Starbucks. Turns out it was a small exchange that does appear – allegedly – to have been laundering money in the hundreds of millions and dealing with ransomware funds. Much of this money ultimately ended up in Binance’s accounts, but although Binance is facing its own legal issues right now, there’s no suggestion that they were in any way involved ascan be seen in this article. This is not the only casualty of …

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