In a proceeding before U.S. District Judge Vitaliano, Anatoly Legkodymov agreed to a plea deal dissolving Bitzlato and releasing any claim over approximately $23 million in seized assets of the exchange.
Data compiled by the Global Ledger team shows five exchanges have similar exposure to Hydra and continue to process transactions in the darknet even after its closure.
Bitzlato was seized by Europol earlier this year amid a U.S. crackdown for facilitating money laundering, but it has now reopened its withdrawals for its users.
Europol worked with the U.S., Spain, Portugal, and others to crack down on Bitzlato even as Reuters revealed that Binance processed over $346 million for the exchange.
Authorities from Germany and the United States have teamed up to bring down Hydra, with the DoJ bringing charges against a Russian national and sanctioning the linked Garantex exchange.