Last night, the U.S. Department of Justice whetted everyone's appetite for a major law enforcement operation.

Now it is clear that a Russian-founded exchange, Bitzlato, has been taken against it for facilitating the laundering of criminal funds.

This exchange is actually so small that its wallet funds at its peak were only about $6 million.

This company is registered in Hong Kong. Does it have any impact on Hong Kong’s ongoing #Web3 promotion policy? Let's stay tuned. #crypto2023