Bitzlato founder, Anatoly Legkodymov, pleads guilty to running an unlicensed money transmitting business. In an agreement with the DOJ, he will dissolve Bitzlato and forfeit around $23 million in seized assets. The conviction is part of the authorities' broader efforts to combat cryptocrime, following the shutdown of Hydra Market in 2022. Despite initial surprise within the crypto community, Legkodymov's admission of guilt signifies a significant move in dismantling illicit crypto operations.