LA Bitcoin Trader Faces 30 Months In Jail

LA Bitcoin Trader Faces 30 Months In Jail
фото показано с : cryptodaily.co.uk

2018-6-20 16:00

Cryptocurrency has never been favoured or supported by the mainstream media, but this week’s news that an LA trader is facing jail time for their trading of Bitcoin, one of the biggest worldwide digital currencies, is bringing strange new attention to this new financial frontier.

Facing over two years in jail, prosecutors have argued that the Los Angeles-based Bitcoin trader has been illegally operating a money transmitting business, supposedly against California law. The woman in question was making over $300,000 a year by trading Bitcoin on a specialised website from 2014 to 2017 and ultimately made trades worth over $6 million over that short period of time.

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