Trading Bitcoin tends to attract a lot of attention from the authorities these days. This is especially true when trading it in a peer-to-peer fashion. One man’s Bitcoin trading activity will land him in jail due to five money laundering charges. A Major Blow for P2P Bitcoin Trading Arizona-based Thomas Costanzo was found guilty of five counts of money laundering in Phoenix last week. It is a very troublesome development, as this individual was involved in peer-to-peer Bitcoin trading. At the same time, we have seen multiple allegations of Bitcoin being a tool for money laundering already. Costanzo was trading very large amounts
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