A New York man is facing 25 years in prison, after being convicted by a federal jury in Brooklyn of money laundering and operating an unlicensed money transmitting business.
The unlicensed business the man was accused of operating was part of a scheme to launder money earned in bitcoin (BTC) from illegal drug trafficking, a press release from the U.S. Attorney’s Office for the Eastern District of New York said....
Read More: New York Man Faces 25 Years in Prison for Bitcoin Money Laundering and Narcotics Scheme
from Cryptonews https://ift.tt/TLNzYdr
The unlicensed business the man was accused of operating was part of a scheme to launder money earned in bitcoin (BTC) from illegal drug trafficking, a press release from the U.S. Attorney’s Office for the Eastern District of New York said....
Read More: New York Man Faces 25 Years in Prison for Bitcoin Money Laundering and Narcotics Scheme
from Cryptonews https://ift.tt/TLNzYdr
Tags
bitcoin news
bitcoin price
bitcoin price prediction
bitcoin price today
crypto 2022 2023 achievements
cryptocurrency
Cryptonews
metaverse
nft
web3