{"id":25301,"date":"2023-12-28T10:30:41","date_gmt":"2023-12-28T10:30:41","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitzlato-freezes-bitcoin-withdrawals-as-memeinators-mmtr-presale-raises-2-57m\/"},"modified":"2023-12-28T10:30:41","modified_gmt":"2023-12-28T10:30:41","slug":"bitzlato-freezes-bitcoin-withdrawals-as-memeinators-mmtr-presale-raises-2-57m","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitzlato-freezes-bitcoin-withdrawals-as-memeinators-mmtr-presale-raises-2-57m\/","title":{"rendered":"Bitzlato freezes Bitcoin withdrawals as Memeinator&#8217;s MMTR presale raises $2.57M"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/12\/1703758565559-c0dfb4bc-0842-4f62-aead-2bca23a66490-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/12\/1703758565559-c0dfb4bc-0842-4f62-aead-2bca23a66490-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/12\/1703758565559-c0dfb4bc-0842-4f62-aead-2bca23a66490-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/12\/1703758565559-c0dfb4bc-0842-4f62-aead-2bca23a66490-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul class=\"decimal_type\">\n<li>Bitzlato halts Bitcoin withdrawals amid co-founder\u2019s guilty plea &amp; legal turmoil.<\/li>\n<li>Bitzlato has experienced seizures to partial restoration amid DOJ allegations.<\/li>\n<li>Memeinator\u2019s MMTR Presale has raised over $2.57 million as stage 10 nears its end.<\/li>\n<\/ul>\n<p>In a surprising turn of events, cryptocurrency exchange Bitzlato has temporarily suspended all <a href=\"https:\/\/coinjournal.net\/bitcoin\/what-is-bitcoin\/\">Bitcoin<\/a> withdrawals following its co-founder\u2019s guilty plea and the subsequent decision to dissolve the platform. As legal battles unfold, users find themselves in uncertainty over the fate of their assets.<\/p>\n<p>Meanwhile, in the crypto space, Memeinator is offering a potential alternative investment opportunity with its <a href=\"https:\/\/memeinator.com\/?utm_source=media&amp;utm_medium=artc&amp;utm_campaign=coinjournal&amp;utm_term=internal&amp;utm_content=current_news\">ongoing MMTR presale<\/a>, aiming to redefine the meme coin market.<\/p>\n<h2>Bitzlato\u2019s turmoil: co-founder\u2019s guilty plea and asset seizures<\/h2>\n<p>Bitzlato\u2019s co-founder, Anatoly Legkodymov, recently pled guilty to operating an unlicensed money services business, leading to the dissolution of the exchange. This legal setback stems from Legkodymov\u2019s arrest earlier in the year, orchestrated in a joint operation involving the United States Department of Justice, Treasury Department, and French law enforcement.<\/p>\n<p>The guilty plea includes a significant forfeiture of $23 million worth of cryptocurrency, with a substantial portion of Bitzlato\u2019s infrastructure, including its website, seized. The legal proceedings have put Bitzlato in a challenging position, forcing the platform to temporarily suspend all Bitcoin withdrawals.<\/p>\n<p>Despite the legal challenges, Bitzlato managed a partial restoration of user funds in March. Through a Telegram bot, the platform allowed users to withdraw 50% of their assets initially stuck on the exchange. Over subsequent months, withdrawal limits gradually increased, reaching 70% by November.<\/p>\n<p>The United States Attorney, Breon Peace, did not mince words, accusing Bitzlato of serving as an \u201copen turnstile by criminals.\u201d The Department of Justice (DOJ) further alleged Bitzlato\u2019s role as a financial resource for the Hydra darknet marketplace, facilitating money laundering for users, including funds obtained through ransomware attacks.<\/p>\n<p>The development leaves Bitzlato customers in disarray especially seeing they cannot withdraw their assets from the exchange.<\/p>\n<h2>Memeinator\u2019s MMTR presale: alternative investment opportunity<\/h2>\n<p>Amidst the turbulence in the cryptocurrency space, Memeinator\u2019s MMTR presale is making waves within the meme coin space, offering investors an alternative avenue. With a mission to dominate the meme coin market, <a href=\"https:\/\/memeinator.com\/?utm_source=media&amp;utm_medium=artc&amp;utm_campaign=coinjournal&amp;utm_term=internal&amp;utm_content=current_news\">Memeinator<\/a> promises a unique blend of powerful marketing, innovative product launches, and an exciting action game.<\/p>\n<p>The MMTR token, designed to fuel Memeinator\u2019s ascent, boasts a strategic tokenomics distribution. Investors participating in the presale contribute to phases like presale, marketing, development, liquidity provision, and a competition pool. The roadmap outlines key phases, including setting coordinates, unleashing the Memeinator, search and destroy, and eventual meme domination.<\/p>\n<h2>Conclusion<\/h2>\n<p>As the cryptocurrency landscape evolves, investors must carefully navigate the uncharted waters, weighing risks and potential rewards.<\/p>\n<p>As Bitzlato grapples with legal troubles and a temporary suspension of Bitcoin withdrawals, users face uncertainties about their assets. On the other hand, Memeinator\u2019s MMTR presale beckons as an intriguing opportunity for those looking beyond the current challenges in the crypto world.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/bitzlato-freezes-bitcoin-withdrawals-as-memeinators-mmtr-presale-raises-2-57m\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Bitzlato halts Bitcoin withdrawals amid co-founder\u2019s guilty plea &amp; legal turmoil. Bitzlato has experienced seizures to partial restoration amid DOJ allegations. Memeinator\u2019s MMTR Presale has raised over $2.57 million as stage 10 nears its end. In a surprising turn of events, cryptocurrency exchange [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":25302,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25301"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=25301"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25301\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/25302"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=25301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=25301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=25301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}