Localbitcoins User Pleads Guilty to Running Unlicensed Crypto Business — Faces Up to 5 Years in Prison – Regulation Bitcoin News - BitcoinEthereumNews.com
Bitcoin क्रिप्टोLocalbitcoins उपयोगकर्ता बिना लाइसेंस के क्रिप्टो व्यवसाय चलाने के लिए दोषी हैं - जेल में 5 साल तक का सामना करना पड़ता है - विनियमन बिटकॉइन समाचार06 / 05 / 2022बिटकॉइन एथेरियम समाचार A cryptocurrency trader has been convicted in the U.S. for operating an unlicensed money-transmitting business using Localbitcoins and Paxful. He faces up to five years in federal prison and a possible $250,000 maximum fine. Crypto Trader Pleads Guilty The U.S. Department of Justice (DOJ) continues to take action against crypto traders using services such as Localbitcoins and Paxful to buy and sell cryptocurrencies as a business without a license. The latest such case involved Hien Ngoc Vo, a 49-year-old man from Seattle, Washington, who operated an unlicensed crypto business in Houston, Texas. The DOJ anounced Wednesday that Vo has pleaded guilty to runing an unlicensed money transmitting business in the Houston area between March 16 and June 8, 2016. The Department of Justice detailed: Vo used Paxful and Localbitcoins to buy and sell bitcoin … He profited from sales by collecting a percentage of the transactions which ranged from 5-30%. Within the three months specified, Vos unlicensed business received and transmitted approximately $515,147.19 in बीटीसी, the DOJ described, adding that customers paid