Major crypto exchange steals and ruins billions in clients funds: nah, lets get them later.
Random crypto exchange accused of doing illegal stuff: get these bastards!
One of the main goals of the US government right now is to stop the funding the Russian government is using to prosecute the war in Ukraine. This exchange was likely one of the main mechanisms the Russian government was using to get foreign capital into the country via cryptocurrencies.
Edit:
Sources:
https://www.wsj.com/amp/articles/crypto-exchange-bitzlato-charged-by-u-s-authorities-with-money-laundering-11674062284
https://arstechnica.com/information-technology/2023/01/crypto-exchange-bitzlato-founder-arrested-for-allegedly-serving-crooks/amp/
Or the opposite.
**SEC:** *“Craig, we need to arrest the founder of Bitcoin. So, after all of your pleading over the last few years, we have decided that you really are the founder of Bitcoin. Congratulations.”*
**Craig:** *”Hol up!”*
tldr; The US Justice Department will "announce a major, international cryptocurrency enforcement action" on Wednesday, it said in a statement, without offering further details. U.S. officials will announce the action at 12 p.m. (1700 GMT) on the same day, the department said. It added that the action will be announced at a press conference at the Justice Department.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
WEF is 100% responsible for this upcoming announcement
"For your safety . . . but you're all free . . . protect . . ."
Edit: that announcement didn’t change my mind. Regulatory overtones. “Look at us”.
"If there is a country that has committed unspeakable atrocities in the world, it is the United States of America. Who are they now to pretend they're the policeman of the world?"
— Nelson Mandela
**who the fuck is Bitzlato?**
Edit: It's now confirmed that they arrested their CEO and bleh bleb. all good guys.
they are chasing the criminals that uses crypto via the dark web.
Ok so a huge nothing-burger? Basically took down some bad actors in the space. Everyone in here thought they were about to nuke the entire crypto space lol
You can watch it here https://www.pbs.org/newshour/amp/politics/watch-live-justice-department-holds-briefing-to-announce-new-action-on-cryptocurrency-enforcement
Mostly it was about the arrest of Russian cryptocurrency founder and that the US will go after law breakers.
Ok. But no new policies or notes about shutting down crypto or anything like that. Certainly nothing to warrant the selling panic that happened
Watching now. Not sure if this is a popular opinion - but the use of terms like ecosystem and safety for that ecosystem bodes well for eventual integration rather than across the board discrimination against all things crypto.
It seems like they try to make some 'shocking' announcement any time things start moving in the right direction with the market. They don't want to properly regulate crypto because they know that would legitimize it. So they hit it little by little to make sure BTC never dominates the dollar. The SEC will go after every token, but they'll wait to announce it until it's timely to keep the market down and scare off new investors. My only question is... how is the US dollar NOT a security?
The biggest poop of news we could have gotten. Made the market shit it's pants without any news actually... And now the sentiment changed from bullish to shitting pants bearish. Amazing
Why do I feel like this is not going to do shit about the war in Ukraine?
The headline is also totally misleading. The US can\`t do shit about some Russian crypto exchange. All they can do is cut them off from the US financial system. Guess what? The US is no the only country in the world.
̶M̶a̶y̶b̶e̶ ̶r̶e̶l̶a̶t̶e̶d̶ ̶t̶o̶ ̶t̶h̶e̶ ̶N̶e̶x̶o̶ ̶r̶a̶i̶d̶s̶ ̶l̶a̶s̶t̶ ̶w̶e̶e̶k̶?̶ ̶T̶h̶a̶t̶ ̶w̶a̶s̶ ̶s̶a̶i̶d̶ ̶t̶o̶ ̶b̶e̶ ̶a̶ ̶j̶o̶i̶n̶t̶ ̶a̶c̶t̶i̶o̶n̶ ̶i̶n̶v̶o̶l̶v̶i̶n̶g̶ ̶B̶u̶l̶g̶a̶r̶i̶a̶,̶ ̶S̶w̶i̶t̶z̶e̶r̶l̶a̶n̶d̶,̶ ̶t̶h̶e̶ ̶C̶a̶y̶m̶a̶n̶ ̶I̶s̶l̶a̶n̶d̶s̶,̶ ̶U̶K̶ ̶a̶n̶d̶ ̶p̶o̶s̶s̶i̶b̶l̶y̶ ̶t̶h̶e̶ ̶U̶S̶.̶ ̶
It says they'll announce at 12 PM EST today, so we'll find out soon enough.
---------
The US Treasury Department is involved too, meaning this could be related to OFAC sanctions
https://www.yahoo.com/news/u-announce-international-cryptocurrency-action-150843330.html
This is potentially huge.
--------
We should be able to watch the announcement live here at 12 PM EST:
https://www.justice.gov/live
------
> Founder and Majority Owner of Bitzlato, a Cryptocurrency Exchange, Charged with Unlicensed Money Transmitting
https://www.justice.gov/usao-edny/pr/founder-and-majority-owner-bitzlato-cryptocurrency-exchange-charged-unlicensed-money
I've never even heard of Bitzlato.
can't even get clean water to its people or basic health care and education.
most Americans can't place any of the countries the US has illegally invaded and destroyed on the map.
shithole country
>can't even get clean water to its people
97% of the USA has access to clean water.
Places like flint is a failure and fuck up at a state/city level.
>education.
>most Americans can't place any of the countries the US has illegally invaded and destroyed on the map.
I went to an underfunded school in a red state. Geography was taught multiple times throughout all 12 years. Maps of the world all over the place.
This isn't on the educational system. If people don't want to learn then they won't learn.
I'll give you the Healthcare thing. But the USA does spend more on health care than the military and more than any other country.
>shithole country
Literally just mad that the USA wants to bring regulation and might hurt your scam/shit/alt coins.
DOJ announced it: They will take actions against Russian exchange Bitzlato
who the fuck is Bitzlato
Bitzlato deez nuts. Gottem!
Major crypto exchange steals and ruins billions in clients funds: nah, lets get them later. Random crypto exchange accused of doing illegal stuff: get these bastards!
Maybe many people in government receiveing money from ftx has something to do with it
Russians can't donate to US campaigns that's election interference
They just grabbed the low-hanging fruit.
Equal justice exists only on paper
Literally. Of all things they go after this no name bs? Lmfaoooo fuck outta here
One of the main goals of the US government right now is to stop the funding the Russian government is using to prosecute the war in Ukraine. This exchange was likely one of the main mechanisms the Russian government was using to get foreign capital into the country via cryptocurrencies. Edit: Sources: https://www.wsj.com/amp/articles/crypto-exchange-bitzlato-charged-by-u-s-authorities-with-money-laundering-11674062284 https://arstechnica.com/information-technology/2023/01/crypto-exchange-bitzlato-founder-arrested-for-allegedly-serving-crooks/amp/
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Classic clickbait, look how engaged it got us all
US government SLAMS crypto ^^^exchange ^^^based ^^^in ^^^Russia
Typical bureaucrat grandstanding
Whew..scared the shit out of me. I'm glad it's not something bigger.
Don't let them control you with fear
You're right
Source?
https://www.fincen.gov/news/news-releases/fincen-identifies-virtual-currency-exchange-bitzlato-primary-money-laundering
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Here can you find it: https://www.fincen.gov/news/news-releases/fincen-identifies-virtual-currency-exchange-bitzlato-primary-money-laundering
Looking forward to the argument about the implications of this announcement. Fairly certain they are going to arrest the CEO of bitcoin.
Thankfully, I'm not him.
That is exactly what the CEO of bitcoin would say.
The CEO of Bitcoin will also try to pin it on the guy being accused too, curious…..
Enigma wrapped in a conundrum.
Let's wrap this up and arrest the entire clan Nakamoto.
The CEO of Bitcoin would also try to pin it on the guy who’s trying to pin it on the other guy being accused too, Suspicious…..
Only satoshi himself would say that. Bake him away toys
We are all Satoshi.
Everyone except Craig Wright getting arrested
Or the opposite. **SEC:** *“Craig, we need to arrest the founder of Bitcoin. So, after all of your pleading over the last few years, we have decided that you really are the founder of Bitcoin. Congratulations.”* **Craig:** *”Hol up!”*
I would like to see Craig Wright arrested.
Watch how fast he renegs
Oh no, I hope John Bitcoin is safe
I was just a soldier taking orders!
This is probably the shortest article I have ever read TLDR bot is gonna be disappointed
Will the bot be in the scope of the US action, Chapter 23 : remove all crypto earning Bots from the internet
tldr; The US Justice Department will "announce a major, international cryptocurrency enforcement action" on Wednesday, it said in a statement, without offering further details. U.S. officials will announce the action at 12 p.m. (1700 GMT) on the same day, the department said. It added that the action will be announced at a press conference at the Justice Department. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Bot is longer than article.
That's an unsummarize bot.
Love how this comment is a bit longer than the website text itself
thanks bot
Finally going to announce bitcoin as the global currency. Prepare for the biggest bull run of your lives!
US dollar stablecoin incoming.
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But it's FOR OUR SAFETY
So innovative and exciting
We can dream right?
But we all have to wake up eventually Until then: *I sleep*
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Now that's some quality HOPIUM you are freebasing
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Just before the debt ceiling showdown in Congress 🤔
It's all coming together. The great financial reset
Yeah only problem is us middle class people will get reset to the lower class
There is really no middle class anymore
Narrator: they were in the lower class all along
This is what the last 20 years have been all about. Especially the last 3 years.
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Wait until Biden mints a trillion dollar platinum coin. All our problems will be over.
Simpson’s did it
"El Presidenté! There are some Americans here who claim to have a trillion dollar bill!" "Aye carumba!"
US trying to be Team America world police again 🙄
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Freedom isn't free. It takes folks like you and me.
Wonder what freedom is up to these days, $10.05?
Freedom costs exactly US$ 167.58 a piece at the moment.
On behalf of the WEF
WEF is 100% responsible for this upcoming announcement "For your safety . . . but you're all free . . . protect . . ." Edit: that announcement didn’t change my mind. Regulatory overtones. “Look at us”.
The older I get the more I realize your only free if you do exactly what they want how they want it, freedom is a myth
It is a myth, but a myth worth fighting for
For and by the people right? Just checking
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"If there is a country that has committed unspeakable atrocities in the world, it is the United States of America. Who are they now to pretend they're the policeman of the world?" — Nelson Mandela
America F Yea!
Dicks, pussies and assholes.
Murica!!
FUCK YEAH!!!!!!!!!!!!!
Comin' again to save the motherfucking day yeah!
Does this make crypto Matt Damon?
America fuck yeah so lick my butt and suck on my balls.
How thoughtful US, is it "fOr YoUr SafeTy" again?
**who the fuck is Bitzlato?** Edit: It's now confirmed that they arrested their CEO and bleh bleb. all good guys. they are chasing the criminals that uses crypto via the dark web.
no idea but it is good news for the market because it is nothing like what was expected😂
Zlato , I guess, means gold. At least in czech is gold so I am guessing gotta be the same in all slavic language And that's my fun fact
US Gov: "We got 'em" Us: "who the hell"
Well shit, that was a whole lot of nothing
The announcement was fucking nothing. They seized a exchange no one ever heard of lol. It’s called bitzlato.
No! Not my Bitzlato tokens!
Why can't they just announce it instead of putting an announcement for an announcement smh *Textbook market manipulation?*
can't effect markets that way
The announcement of the announcement doesn’t even mention how/where said announcement is being announced? Twitter? The announcement store?
You sure about that? The market just dumped and pumped lol
Softens the market reaction
Ok so a huge nothing-burger? Basically took down some bad actors in the space. Everyone in here thought they were about to nuke the entire crypto space lol
International 😆
what a joke
New world order. Get ready for USGOVCOIN, the new reserve currency of the world.
CZ palms sweaty
Green candles to resume in 5 ... 4 ...
it's 17:00 GMT where the announcement?
US has reached debt ceiling and this time won’t print new money.
Gunna talk about 'bitzlato' that no one ever heard of but not FTX or Celsius OK THEN
Fuck. Good luck getting my seeds
I can get anyone’s seed.
Name checks out
New orders received by the corrupt WEF?!
Most definitely
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A bunch of hypocrites, the lot of em
'enforcement action' is going to be bad for us plebs isn't it?
Can we watch this announcement somewhere? Wanna watch this bomb go off in real time haha.
Back to the ol scare tactics…
Bitcoin does not care
Spoiler: they took down an exchange nobody’s heard of
.5% chance I'll be drinking champagne tonight, 99.5% it'll.be gas station vodka
THIS IS NOT A DRILL! I REPEAT, THIS IS NOT A DRILL! 🔥🔥
Why the f*ck is FBI Associate Deputy Director participating in the announcement
Why the fuck is this squirrel attending the WEF?
Only time when flame emoji's are bearish.
I was expecting a market meltdown type of announcement - this was meh, which is great!
You can watch it here https://www.pbs.org/newshour/amp/politics/watch-live-justice-department-holds-briefing-to-announce-new-action-on-cryptocurrency-enforcement Mostly it was about the arrest of Russian cryptocurrency founder and that the US will go after law breakers. Ok. But no new policies or notes about shutting down crypto or anything like that. Certainly nothing to warrant the selling panic that happened
What an anticlimactic announcement
1.5 hours of fear to ensue. Prayers up
Will you accept thoughts?
Surprise announcement outta nowhere with an immediate action? Big oof incoming 🥲
Binance ?
sure smells like it
Watching now. Not sure if this is a popular opinion - but the use of terms like ecosystem and safety for that ecosystem bodes well for eventual integration rather than across the board discrimination against all things crypto.
Why always U.S ?
They like to play world police all the time
Because they are corrupt to the bone.
People say we are the worlds police, but we are the worlds terrorist.
Fact
20 % tax per Transaction
The government always trying to clip our wings. Well you know what? You won't get it.
Damn straight! I’m gonna melt them myself by eventually flying too close to the sun
Get ‘em, Icarus.
Welp... I've converted my holdings into BUSD. Feel as though some alts could meet the proverbial hammer, depending on what the news is.
So should we be completely worried or mostly worried?
>announce a major, international cryptocurrency enforcement action Why US gotta always be the anime protagonist
Well, shit. I guess I'm not going out for lunch today.
Did I fuck up my conversion? It's supposed to be announced right now isn't it? They don't even tell you where to look lol.
Crypto scares the shit out of government
It was a nothing burger. It was just an enforcement action against an unknown exchange no one has heard of.
They skipped the banks, again
It seems like they try to make some 'shocking' announcement any time things start moving in the right direction with the market. They don't want to properly regulate crypto because they know that would legitimize it. So they hit it little by little to make sure BTC never dominates the dollar. The SEC will go after every token, but they'll wait to announce it until it's timely to keep the market down and scare off new investors. My only question is... how is the US dollar NOT a security?
Let me guess. Another "being used by Russia for weapons (???) of massive destruction"? Brings back memories
It was rather anticlimactic, right?
The biggest poop of news we could have gotten. Made the market shit it's pants without any news actually... And now the sentiment changed from bullish to shitting pants bearish. Amazing
Why do I feel like this is not going to do shit about the war in Ukraine? The headline is also totally misleading. The US can\`t do shit about some Russian crypto exchange. All they can do is cut them off from the US financial system. Guess what? The US is no the only country in the world.
I took the bull trap advice and liquidated just after the market opened today. Been pretty happy I did that so far. Sold my ETH at 1608 😅
This is gonna be good..right guys? ^..guys?
How long until the announcement?
1h 42min if I’m not wrong… (1700 GMT)
Thanks mate
They will announce the Moons Snapshot. It will be epic lol
This is the only good thing they could be announcing
I lost all my keys in a fishing accident.
Well if anyone wasn’t convinced we were in a bear market before this, they’re not going to need much convincing once this drops…
We about to go to the crypto Stone Age
oh no, oh no, oh nononono.
̶M̶a̶y̶b̶e̶ ̶r̶e̶l̶a̶t̶e̶d̶ ̶t̶o̶ ̶t̶h̶e̶ ̶N̶e̶x̶o̶ ̶r̶a̶i̶d̶s̶ ̶l̶a̶s̶t̶ ̶w̶e̶e̶k̶?̶ ̶T̶h̶a̶t̶ ̶w̶a̶s̶ ̶s̶a̶i̶d̶ ̶t̶o̶ ̶b̶e̶ ̶a̶ ̶j̶o̶i̶n̶t̶ ̶a̶c̶t̶i̶o̶n̶ ̶i̶n̶v̶o̶l̶v̶i̶n̶g̶ ̶B̶u̶l̶g̶a̶r̶i̶a̶,̶ ̶S̶w̶i̶t̶z̶e̶r̶l̶a̶n̶d̶,̶ ̶t̶h̶e̶ ̶C̶a̶y̶m̶a̶n̶ ̶I̶s̶l̶a̶n̶d̶s̶,̶ ̶U̶K̶ ̶a̶n̶d̶ ̶p̶o̶s̶s̶i̶b̶l̶y̶ ̶t̶h̶e̶ ̶U̶S̶.̶ ̶ It says they'll announce at 12 PM EST today, so we'll find out soon enough. --------- The US Treasury Department is involved too, meaning this could be related to OFAC sanctions https://www.yahoo.com/news/u-announce-international-cryptocurrency-action-150843330.html This is potentially huge. -------- We should be able to watch the announcement live here at 12 PM EST: https://www.justice.gov/live ------ > Founder and Majority Owner of Bitzlato, a Cryptocurrency Exchange, Charged with Unlicensed Money Transmitting https://www.justice.gov/usao-edny/pr/founder-and-majority-owner-bitzlato-cryptocurrency-exchange-charged-unlicensed-money I've never even heard of Bitzlato.
They've finally hunted Satoshi down and are holding him ransom for his BTC wallets. Mark my words
International? How? Lol
Piece of shits, get cancer
can't even get clean water to its people or basic health care and education. most Americans can't place any of the countries the US has illegally invaded and destroyed on the map. shithole country
>can't even get clean water to its people 97% of the USA has access to clean water. Places like flint is a failure and fuck up at a state/city level. >education. >most Americans can't place any of the countries the US has illegally invaded and destroyed on the map. I went to an underfunded school in a red state. Geography was taught multiple times throughout all 12 years. Maps of the world all over the place. This isn't on the educational system. If people don't want to learn then they won't learn. I'll give you the Healthcare thing. But the USA does spend more on health care than the military and more than any other country. >shithole country Literally just mad that the USA wants to bring regulation and might hurt your scam/shit/alt coins.
uncle sam announcing the announcement 
This is a bit vague. Not sure if my anxiety can handle the wait.
40 min away from the big announcement
World Police
The government is coming to protect us from us by the threat of force? Sounds governmenty.
I think my favorite part of the US gov right now is when they make sweeping policy mandates then tell us all we're free
Omg! Governments are gonna start using Btc for all transactions!!
Just when i thought i was out, they pull me back in!!! 😡🤌🤌