“Roughly two-thirds of Bitzlato’s high receiving and sending counterparties are related to darknet markets or scams. For instance, Bitzlato’s high three receiving counterparties, by complete quantity of BTC acquired between Might 2018 and September 2022 have been: (1) Binance, a VASP; (2) the Russia-connected darknet market Hydra; and (3) the alleged Russia-based Ponzi scheme “TheFiniko,” the order stated.
