Forum rules
If you are posting news, press or any other related material that directly or in-directly benefits you, we request that you post a back-link to bitcoin.com by using a button, banner or text-link on your website. Thanks for supporting Bitcoin.com!
Post Reply
User avatar
btc_manager
Banned
Banned
Posts: 986
Joined: Tue Aug 09, 2016 6:50 pm

LocalBitcoins Seller Pleads Guilty to Running an Unlicensed Currency Exchange

Wed May 24, 2017 5:25 pm

Image

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/

Follow BTCMANAGER for the Latest on FinTech, Blockchain, and Bitcoin!
User avatar
mjglqw
Silver Bitcoiner
Silver Bitcoiner
Posts: 804
Joined: Sat Aug 06, 2016 8:26 pm

Donate BTC of your choice to 13cj1xgP4bdK567NDgjyXLZEQLmZszSzEa

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/
Post Reply

Return to “In the news”

Who is online

Users browsing this forum: No registered users and 4 guests