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24-Year-Old Sent to Prison for Selling Bitcoin Without Asking for ID - by Avi Mizrahi

Mon Mar 05, 2018 11:19 pm

24-Year-Old Sent to Prison for Selling Bitcoin Without Asking for ID
news.bitcoin.com
by Avi Mizrahi
March 5, 2018

Excerpt:

US law agencies can celebrate another success in their tireless crusade to stop ‘unlicensed money transmitting’ in the land of the free. The latest victory is sending a 24-year old crime kingpin to federal prison for making $40,000 from trading bitcoin offline.

...

Ross admitted in October 2017 to selling $50,000 worth of bitcoin to undercover federal agents related to Homeland Security Investigations. In each case, they reported he “failed to obtain identifying information from the agents,” according to court records.

...


Read entire article: https://news.bitcoin.com/24-year-old-se ... er-agents/
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