'We're Going to Find You' - How Undercover Agents Trade Prison Time for Bitcoins - by Graham Smith

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'We're Going to Find You' - How Undercover Agents Trade Prison Time for Bitcoins
news.bitcoin.com
by Graham Smith
September 2nd, 2019

Excerpt:

An Australian national living in Boulder, Colorado was slammed with a one year and a day prison sentence last month for trading bitcoins. An August 23 statement from the Colorado U.S. District Attorney’s Office states that Emilio Testa, 32, was charged with money laundering, and claims Testa knew the funds he was acquiring had been used in narcotics deals. While Testa’s reason for trading was reportedly that “he preferred not to use banks or deal with taxes,” and the type of “narcotics” was not mentioned, the D.A. has pinned him for more serious crimes nonetheless, in an emergent pattern of targeting bitcoin traders while letting big-time criminals like banks, governments, and drug companies off the hook.

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Read entire article: https://news.bitcoin.com/were-going-to-find-you-how-undercover-agents-trade-prison-time-for-bitcoins/

About the author: https://news.bitcoin.com/author/grahamsmith/