U.S. to announce international cryptocurrency action -statement – Yahoo Finance

WASHINGTON (Reuters) – The U.S. Justice Department will "announce a major, international cryptocurrency enforcement action" on Wednesday, it said in a statement, adding the U.S. Treasury Department will also make an announcement.
"The U.S. Department of the Treasury will also announce an action in this space," the statement said.
U.S. officials, including Deputy U.S. Attorney General Lisa Monaco and Deputy U.S. Treasury Secretary Wally Adeyemo, will deliver remarks at 12 p.m. (1700 GMT) in Washington, according to the statement.
Other officials will include the associate deputy director of the FBI and the U.S. attorney for the Eastern District of New York.
Representatives for Treasury declined to comment further.
(Reporting by Daphne Psaledakis and Susan Heavey, editing by Paul Grant and Chizu Nomiyama)
U.S. authorities designated cryptocurrency exchange Bitzlato as a primary money-laundering concern and charged its founder for allegedly facilitating money laundering for criminals.
In a press conference on Wednesday, the U.S. Department of Justice announced it has arrested Anatoly Legkodymov, founder of crypto exchange Bitzlato, for allegedly processing over $700 million of illicit funds. “Overnight, the Department worked with key partners here and abroad to disrupt Bitzlato, the China-based money laundering engine that fueled a high-tech axis of cryptocrime, and to arrest its founder, Russian national Anatoly Legkodymov," said Deputy Attorney General Lisa O. Monaco.
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