Binance, the world’s largest crypto exchange has been caught processing around $346 million from the seized digital asset exchange, Bitzlato. As per reports, the transactions were done in Bitcoin. Bitzlato founder, Anatoly Legkodymov was arrested by the US authorities for alleged charges of running a money laundering scheme. Binance received BTC till September 2022 As per a report, Binance was one of the top three counterparties on the Bitzlato that received Bitcoin between May 2018 and September 2022. These details were revealed by the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN). It added that another user which interacted with the Bitzlato was Hydra, a Russian darknet drugs marketplace. While another major user has been reported to be a small crypto exchange called LocalBitcoins and an investment website called Finiko. Reuters reported that Binance’s spokesperson has replied to the matter. They said that the exchange has provided substantial assistance to international law enforcement. Binance is willing to support the investigation of Bitzlato. The spokesperson added that they are committed to working together on the matter. However, they decline to give details about their trade with Bitzlato. However, Reuters reported Bitzlato and Hydra didn’t respond to the matter till now. Meanwhile, the report adds that they hold no evidence that Binance or other users broke any kind of law.