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btc_manager
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LocalBitcoins Seller Pleads Guilty to Running an Unlicensed Currency Exchange

Wed May 24, 2017 5:25 pm

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On May 2, Missouri-based tech entrepreneur Jason R. Klein pleaded guilty in federal court to charges of running an illegal money transmitting business by converting bitcoin into cash without a license using the popular peer-to-peer marketplace LocalBitcoins. For his actions, Klein could face up to five years in federal prison...

Read more Here:

https://btcmanager.com/localbitcoins-se ... -exchange/

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Re: LocalBitcoins Seller Pleads Guilty to Running an Unlicensed Currency Exchange

Wed May 24, 2017 6:17 pm

Damn. Unexpected, thats for sure. I wonder what effect will it have on localbitcoins tho, if it will continue to operate or not.
https://cryptosec.info/
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