It is important to note that allegations of money laundering against Bitzlato by foreign law enforcement officers have not been proven and the company has denied any wrongdoing.
However, the company has provided instructions for users to withdraw their funds.
Users of Bitzlato are advised to check their access to the email address they used for registration and follow the steps provided by the company to generate a special code for transferring their funds.
It is important to note that funds can only be transferred from accounts that are not tied to a Telegram ID and for which the email address is known. If the email address is incorrect, users will need to wait a day before trying again.
Bitzlato has also warned that AML services have marked all coins as high-risk, and users are advised to try several options for withdrawing their funds.
These options include using the service without AML checks and conducting a test transaction with a small amount, sending funds to a cold wallet, redirecting a small amount to centralized or decentralized sites, or leaving the crypto assets on Bitzlato and waiting for the launch of the peer-to-peer platform in early April.
The minimum withdrawal amount is 0.001 BTC, and the fee is 0.0003 BTC. In February, there were rumors of the arrest of Bitzlato co-founder Anton Shkurenko, which were denied by the company’s sources.