Indicted Crypto Founder Seeks Pardon From US President Trump
Main Idea
Anatoly Legkodymov, co-founder of Bitzlato, has requested a pardon from US President Donald Trump to avoid extradition to France, following his guilty plea for running an unlicensed money-transmitting business.
Key Points
1. Anatoly Legkodymov, a Russian national and co-founder of Bitzlato, was arrested in January 2023 and pleaded guilty in December 2023 to operating an unlicensed money-transmitting business.
2. Legkodymov has officially requested a federal pardon from US President Donald Trump to avoid extradition to France, where he faces up to 20 years in prison.
3. This request follows reports that French authorities are seeking his extradition, as revealed by Russian media outlet Ivan Melnikov.
4. Trump has issued around 58 presidential pardons since taking office, including for figures like Silk Road founder Ross Ulbricht and former BitMEX executives.
5. Other crypto figures, such as former Binance CEO Changpeng Zhao and former FTX CEO Sam Bankman-Fried, have also sought or received pardons from Trump.
Description
According to the latest report, Anatoly Legkodymov, co-founder of crypto platform Bitzlato, has officially requested a pardon from United States President Donald Trump. Legkodymov, a Russian national, was arrested and charged with operating an unlicensed money transmitting business through his cryptocurrency platform, Bitzlato. After his arrest in January 2023, Legkodymov submitted a guilty plea to one charge of running an unlicensed money-transmitting business in December 2023. On July 18, 2024...
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