U.S. authorities arrest founder of HK crypto exchange Bitzlato

STORY: Anatoly Legkodymov, a Russian national living in China, was arrested in Miami on Tuesday on charges that he operated the exchange as a "high-tech financial hub that, in his own words, catered to 'known crooks'," a top Justice Department official said.

"At the time of Legkodymov's arrest and continuing into the early hours this morning, the department's international and domestic partners engaged in a coordinated campaign of disruption." U.S. Deputy Attorney General Lisa Monaco said.

The action, done in conjunction with the U.S. Treasury Department's Financial Crimes Enforcement Network and foreign authorities, marked the first major action by the Justice Department's National Cryptocurrency Enforcement Network.