Bizlato Founder Avoids More Time For Illicit Crypto Deals <https://www.law360.com/newyork/articles/1859807?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-07-19&read_main=1&nlsidx=0&nlaidx=5>
By Stewart Bishop The founder of Bitzlato Ltd. on Thursday was spared further incarceration for using the cryptocurrency exchange to process what prosecutors say was over $700 million in criminal proceeds, the latest case among many where judges factor in the vile conditions at Brooklyn's notorious federal jail, the Metropolitan Detention Center, as a reason for leniency. Read full article » <https://www.law360.com/newyork/articles/1859807?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-07-19&read_more=1&nlsidx=0&nlaidx=5> | Save to favorites » <https://www.law360.com/newyork/articles/1859807?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-07-19&read_later=1&nlsidx=0&nlaidx=5>
