BitXLanka.Com- Sri Lanka Bitcoin & Crypto Currency Tracker logo BitXLanka.Com- Sri Lanka Bitcoin & Crypto Currency Tracker logo
Cryptopolitan 2021-02-01 05:47:00

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 […]

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.