Bitcoin users have often been a target for law enforcement agencies and governments. In the United States, that scrutiny is even bigger compared to most other countries around the world. One 22-year-old Bitcoin trader has now been sentenced to two years in prison and forfeiting financial assets for trading and selling Bitcoin in an unlicensed manner. Reselling Bitcoin Equals Money Transmitting Ever since Bitcoin started making media headlines, people have been looking for ways to make money with the world’s leading cryptocurrency. Even today, making money can be done in many different ways. Depending on one’s jurisdiction, some of the
The post Unlicensed Bitcoin Reseller Obtaining BTC from Bitfinex Faces Two-year Prison Sentence appeared first on The Merkle Hash.
Powered by WPeMatico
