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Bitcoin (BTC-USD) gave up earlier gains on Wednesday as the U.S. Justice Department charged Anatoly Legkodymov, founder of cryptocurrency exchange Bitzlato, with money laundering and ransomware.
Legkodymov was arrested last night and, if convicted, could face a maximum of five years in prison.
Bitcoin (BTC-USD) started the day in the green, rising to a four-month high of $21.54K. It later gave up gains ahead of the DoJ announcement amid growing worries over ramped up regulatory…
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