CASE DOSSIER sentenced

U.S. v. Anatoly Legkodymov (Bitzlato Cryptocurrency Laundering)

Docket: 1:23-cr-00021 Court: U.S. District Court for the Eastern District of New York Opened: 2023-01-17 Sector: Cryptocurrency, Financial Services

Key Facts

Status
SENTENCED
Legal disposition
Loss Amount
$700.0 million
Processed over $4.58 billion in crypto transactions, with at least $700 million directly tied to darknet contraband and ransomware proceeds.
Techniques
1
Verified mappings
Defendants
1
Named in charges
  • Legal Status: SENTENCED in U.S. District Court for the Eastern District of New York.
  • Primary Target Sector: Cryptocurrency, Financial Services.
  • Documented Financial Loss: $700.0 million.
  • 1 verified MITRE ATT&CK techniques substantiated with verbatim court excerpts.
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Case Summary

Founder of Hong Kong-registered cryptocurrency exchange Bitzlato charged with laundering over $700 million in ransomware and darknet market illicit proceeds, serving as a primary financial conduit for Hydra Market.

Procedural & Incident Timeline

2023-01-17 arrest

Legkodymov arrested in Miami by FBI agents in coordinated international operation.

2023-12-06 plea

Defendant pleads guilty to operating an unlicensed money transmitting business.

2024-07-18 sentencing

Sentenced to time served (18 months) and ordered to forfeit all interest in Bitzlato ($23 million).

Named Defendants & Operatives

Defendant Nationality Status Prison Term Restitution Notes
Anatoly Legkodymov Russian Federation sentenced Pending None Majority owner of cryptocurrency exchange Bitzlato; pleaded guilty to illicit money transmission.

Substantiated MITRE ATT&CK Techniques

Technique ID Technique Name & Tactic Primary Source Evidence Excerpt Locator Verification
T1090 Proxy
Command and Control
"Bitzlato operated with negligible anti-money laundering controls, advertising that users could open accounts with no identity verification via Tor." Plea Agreement ¶ 6, Page 7 reviewed

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Bluebook Legal Citation:
Cyberattack Case Library, U.S. v. Anatoly Legkodymov (Bitzlato Cryptocurrency Laundering), No. 1:23-cr-00021 (U.S. District Court for the Eastern District of New York 2023), https://cyberattackcaselibrary.pages.dev/cases/us-v-legkodymov-bitzlato/
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