Takedown of Crypto Exchange Platform Blitzlato
22 February 2023
Riehle_Cornelia_Neu_SW.jpg Cornelia Riehle LL.M.

A joint action between law enforcement and judicial authorities from numerous countries led to the takedown of the digital infrastructure used by the cryptocurrency exchange platform Blitzlato. The action was led by French and US authorities and supported by Europol. The operation also involved authorities from Belgium, Cyprus, Portugal, Spain and the Netherlands. In the process, several members of the platform's senior management were arrested, crypto wallets worth about €18 million in cryptocurrency seized, and hundreds of accounts at other crypto exchanges frozen. Blitzlato is suspected of facilitating the laundering of large amounts of criminal crypto-assets and converting them into Russian roubles.

News Guide

EU Europol Cybercrime


Cornelia Riehle LL.M.

Academy of European Law (ERA)

Criminal Law

Deputy Head of Section