LA Trader ‘Bitcoin Maven’ Faces Jail Time for LocalBitcoins Activity

A Los Angeles trader on LocalBitcoins who goes by the name “Bitcoin Maven” is facing up to 30 months in prison for running an illegal money transmitting business. NBC Los Angeles claims fifty-year-old Theresa Tetley made at least $300,000 a year trading on the platform, with a transaction volume of $6 million to $9.5 Million between … Continued
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