In what’s being reported as the first case of its kind in Southern California, a woman has pleased guilty to running an illegal money exchange using bitcoin. Theresa Tetley is thought to have made over $300,000 a year using a peer-to-peer Bitcoin marketplace.
“Bitcoin Maven” Sold Bitcoin Worth Millions of Dollars
According to NBC Los Angeles, Tetley was operating under the name ‘Bitcoin Maven’ on LocalBitcoins. The platform is a website that allows its users to sell Bitcoin for cash delivered in person or directly into their bank account. Tetley had plead guilty to operating a money transmission business at an earlier hearing. She allegedly traded Bitcoin for between $6 million and $9.5 million in the three years she operated.
https://www.newsbtc.com/2018/06/11/la-b ... exchange/ source [/url] [/url]
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Jeckstercandoit
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Re: LA ‘Bitcoin Maven’ Trader Pleads Guilty of Running an Illegal Money Exchange
Wow its great
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