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Cryptopolitan

2021-02-01 05:47:00

Bitcoin exchange operator to face 25-year jail term over money laundering

Bitcoin exchange operator to face 25-year jail term over money laundering

TL;DR Breakdown: An Ontario man will face 25-year imprisonment for running an unregistered Bitcoin exchange. He will also forfeit about $233,000, including his properties and cryptocurrencies. The United States authorities recently charged an Ontario man for illegally running a cryptocurrency exchange, where he converted Bitcoin to cash and also facilitated money laundering. The Bitcoin exchange […]

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