09-04-2019 18:22 via theverge.com

Bitcoin dealer gets two-year prison sentence for unlicensed cryptocurrency exchange

A 22-year-old man has been sentenced to two years in prison for selling unlicensed bitcoins. His crime was operating a bitcoin exchange without registering with the Financial Crimes Enforcement Network of the US Department of Treasury.Jacob Burrell Campos, a US citizen and Mexico resident, has been held in custody without bail since August 2018. He pleaded guilty in October 2018, admitting that he employed no anti-money laundering measures and didn’t check up on details about his customer
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