The U.S. Department of Justice seized Russian crypto exchange Bitzlato for its money laundering crimes and ties to a darknet marketplace called Hydra Market.
The DOJ released a statement before announcing the charges, calling it “a major international cryptocurrency action.”
Users on Twitter were quick to make fun of the DOJ’s decision to go after a small player and brag about it. Many of them said it was the first time they had heard of Bitzlato.
Users on Twitter were quite anxious after the U.S. Department of Justice (DOJ) released a statement on Wednesday that it was going announce a “major international cryptocurrency action” in a few hours.
Prices started dipping, and wild speculation started. Some believed it would be related to Binance or some other major player in the industry. Binance CEO Changpeng Zhao even tweeted an hour before the DOJ announcement “4”, referring to his fourth New Year resolution not to pay any attention to FUD.
As it turned out, t
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