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Cryptocurrencies: 30359
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Cryptocurrencies: 30359
Markets: 109462
Market Cap: $2,684,739,922,049     
24h Vol: $86,906,388,276
Cryptela — Cryptocurrency News and Market Intelligence
Cryptopolitan 2021-02-01 05:47:00

Bitcoin exchange operator to face 25-year jail term over money laundering

Bitcoin exchange operator to face 25-year jail term over money laundering
TL;DR Breakdown: An Ontario man will face 25-year imprisonment for running an unregistered Bitcoin exchange. He will also forfeit about $233,000, including his properties and cryptocurrencies. The United States authorities recently charged an Ontario man for illegally running a cryptocurrency exchange, where he converted Bitcoin to cash and also facilitated money laundering. The Bitcoin exchange […]
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