California man laundered $25M through his own DIY Bitcoin ATM and exchange

California man laundered $25M through his own DIY Bitcoin ATM and exchange
фото показано с : thenextweb.com

2019-8-26 12:33

A man from the small town of Westwood in California has pleaded guilty to running an unlicensed Bitcoin exchange and ATM, and laundering money. Kunal Kalra, 25 has been found guilty of owning and operating unlicensed money transmitting business which he used to exchange up to $25 million in cash and virtual currencies.

Court documents allege the service was used by dark web drug dealers and other criminals. According to said documents, this is believed to be the first federal criminal case charging an unlicensed money remitting business that used a Bitcoin kiosk. Kalra – who was also known as…

This story continues at The Next Web

Or just read more coverage about: Bitcoin

.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Safe Exchange Coin (SAFEX) на Currencies.ru

$ 0.0054306 (-0.25%)
Объем 24H $1.742k
Изменеия 24h: 1.41 %, 7d: -8.63 %
Cегодня L: $0.0053635 - H: $0.0055227
Капитализация $6.099m Rank 99999
Доступно / Всего 1.123b SAFEX

bitcoin exchange used unlicensed money guilty california

Источник: thenextweb.com

bitcoin exchange → Результатов: 126


Why This Crypto Exchange Founder Believes Bitcoin Can Still Rise 150% From Here

The price of Bitcoin has fluctuated over the past month, but BitMEX co-founder Arthur Hayes is the latest crypto expert to make a bullish forecast for the asset. According to the former CEO of the cryptocurrency exchange BitMEX, Bitcoin could reach $70,000, and the only reason the asset is not yet at this price is because investors are fixated on the Fed’s nominal rate.

2023-9-14 14:00


Bitcoin Exchange Outflows Reach Highest Value Since FTX Crash, Bullish?

On-chain data shows Bitcoin exchanges have registered the most significant outflows since the collapse of the crypto exchange FTX back in November. Related Reading: Bitcoin Investors Turn Greedy For First Time Since March 2022 Bitcoin Exchange Netflow Shows Deep Negative Values As an analyst in a CryptoQuant post pointed out, around 7,000 coins have left the exchange in this latest spike.

2023-1-28 21:16


Crypto Exchange OKCoin Delists Bitcoin Forks, BCH & BSV to Prevent New Retail Investors from Being Deceived

The exchange is open to revisiting this decision if both the communities “listen to the broader market and choose to rebrand away from Bitcoin in pursuit of their own path.” The post Crypto Exchange OKCoin Delists Bitcoin Forks, BCH & BSV to Prevent New Retail Investors from Being Deceived first appeared on BitcoinExchangeGuide.

2021-2-21 16:52


Bitcoin remuneration questions use as medium of exchange v/s store of value

Andreas Antonopoulos, the author of Mastering Bitcoin, recently spoke about Bitcoin as a medium of exchange, a unit of account, and a reserve currency during a Q&A session on YouTube. When asked about whether Bitcoin could be a standard for other cryptocurrencies, the same way Gold was for money, Antonopoulos highlighted that this was already […] The post Bitcoin remuneration questions use as medium of exchange v/s store of value appeared first on AMBCrypto.

2019-10-20 12:48


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

BNB beacon chain testnet upgrade to go live in January

BNB beacon chain testnet is set to undergo a hard fork upgrade dubbed Einstein next week. It requires all node operators to update their software before the process begins. Einstein upgrade to go live in January The largest crypto exchange…