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On February 14th, Chinese Foreign Minister Wang Yi, speaking at the Munich Security Conference in Germany, addressed China-US relations, pointing out two possible scenarios. One is that the US objectively and rationally understands China, pursues a positive and pragmatic policy towards China, and works with China to continuously expand common interests, leading to future cooperation between the two countries. This would undoubtedly be of great benefit to both China and the US, as well as the world. The other scenario is that the US decouples from China, opposes anything related to China, forms various cliques and groups targeting China, and even incites or plots Taiwan independence and the division of China, crossing Chinas red lines. This would lead to confrontation between China and the US. History progresses through twists and turns, and the future of China-US relations is bright. The vision and principles of mutual respect, peaceful coexistence, and win-win cooperation will ultimately be realized, because this is the only correct choice.French Foreign Minister Barro: Some G7 members have indicated their willingness to move forward with the ban on shipping services for Russian oil.NATO Secretary General Rutte: Russias oil revenues have fallen by a third, rapidly depleting its sovereign wealth fund.On February 14th, in response to recent online complaints about "tickets available for long-distance journeys but not for short-distance journeys," a representative from the 12306 Railway Technology Center advised passengers with short-distance travel needs to avoid purchasing tickets for sections of long-distance trains. If a section of a long-distance train is indeed necessary, passengers should submit a waitlist order when "no tickets available" is displayed, and utilize up to 60 combinations of "date + train number" for ticket purchase.On February 14, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, delivered a speech and answered questions at the 62nd Munich Security Conference. When discussing China-EU relations, Wang Yi stated that China and the EU are partners, not adversaries. He quoted Confuciuss famous saying, "A gentleman seeks harmony but not uniformity," expressing his hope that both China and the EU would act and follow the path of gentlemanly conduct. Wang Yi said that China and the EU should join hands to practice multilateralism, uphold the authority of the United Nations, oppose unilateral bullying, and resist bloc confrontation.

U.S. arrests Bitzlato cofounder, alleges $700 million of illicit funds processed

Skylar Shaw

Jan 19, 2023 15:56

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The principal shareholder and co-founder of the Hong Kong-registered virtual currency exchange Bitzlato Ltd. was detained, according to U.S. officials, on Wednesday for allegedly handling $700 million in illegal money.


Russian citizen Anatoly Legkodymov, who resides in China, was detained on Tuesday in Miami on suspicion of running an unlawful money exchange operation that "in his own words, catered to known thieves," according to a senior Justice Department official.


According to the prosecution, Bitzlato traded more than $700 million in cryptocurrencies with Hydra Market, which they described as an illegal online market for drugs, stolen financial data, phony identification documents, and money-laundering services that was shut down by German and American law enforcement in April 2022.


At a press conference at the Justice Department, Deputy Attorney General Lisa Monaco warned reporters that "you may expect to account for your crimes inside a United States courtroom, whether you breach our laws from China or Europe or misuse our financial system from a tropical island."


According to the prosecution, Bitzlato also got more than $15 million via ransomware. It was not feasible to get in touch with Hydra Market for feedback right away.


According to Chen Arad, the chief operating officer of Solidus Labs, a crypto market monitoring firm, "Despite having a minor brand, it carries a lot of weight."


Small actors don't bear any less danger than any well-known exchange or platform, he said.