Binance was the final destination for millions of funds from Bitzlato, the exchange was shut down for alleged money laundering
Binance is the largest crypto exchange in the world, handling billions of dollars in trading volumes daily. STR | NurPhoto via Getty Images On Wednesday, federal prosecutors unveiled an indictment against a little-known crypto exchange called Bitzlato, alleging that it facilitated the laundering of $700 million in tainted crypto linked to the now-shutdown dark web …